The interest rate at which commercial banks lend to their customers with the best collateral is known as
a. prime rate.
b. federal funds rate.
c. discount rate.
d. T-bill rate.
a. prime rate.
Economics
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How do we know when a market is contestable?
What will be an ideal response?
Economics
The World Bank obtains the funds it lends by:
a. selling bonds on the international bond market. b. selling bonds to countries it has loaned funds to. c. collecting each country's annual membership fee or quota. d. levying a small tax on every foreign exchange conversion worldwide. e. depending on voluntary subsidies from member nations.
Economics