"LIBID" is the rate at which U.S. banks

A) lend to their best customers.
B) borrow Eurodollar market.
C) lend in the Eurodollar market.
D) borrow in the jumbo CD market.

C

Economics

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The ECB, like the U.S. Federal Reserve, is ______, and unlike the U.S. Federal Reserve, is not ______.

A) independent; a lender of last resort B) subject to scrutiny by the legislature; able to lend to large corporations C) dependent on congressional approval for its policies; committed to price stability D) able to lend to member governments; able to lend directly to banks

Economics

The lowest two-fifths of our population receives about _____% of our total income.

A. 5 B. 9 C. 12 D. 18

Economics