LIBOR rate is
A) interbank loan rate.
B) the riskless rate.
C) TED spread.
D) discount rate.
A
Economics
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Which of the following is a normative economic statement?
a. If we doubled the size of welfare payments, we would reduce the number of homeless persons. b. Companies should be concerned with more than just their profits. c. An increase in spending on airport security will reduce the number of hijackings. d. If social security were to be privatized, workers would earn a higher rate of return on their retirement contributions.
Economics
Draw a graph illustrating a competitive firm in short-run equilibrium that is earning an economic profit. Be sure to label all curves and axes correctly.
What will be an ideal response?
Economics