The federal funds market refers to the market where:
A) the Fed obtains loans of reserves from central banks of other nations.
B) the federal government borrows overnight funds from the Fed.
C) banks obtain loans of reserves from each other.
D) there are no predetermined rates of interest on loans and the highest bidding borrower gets the loan.
C
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Once ABC Corp sells shares of stock to the public, the stock's price tends to
a. fluctuate inversely with the profit prospects of ABC Corp. b. fluctuate inversely with the dividend payout of ABC Corp. c. fluctuate directly with the dividend payout of ABC Corp. d. fluctuate directly with the profit prospects of ABC Corp. e. remain constant
A merger between two firms that have a supplier-purchaser relationship is
a. horizontal b. vertical c. conglomerate d. illegal e. a cartel