The interest rate the Fed pays banks on their reserve holdings
A) guarantees a specific federal funds rate.
B) sets a ceiling for the federal funds rate.
C) sets a floor for the federal funds rate.
D) has no impact on the federal funds rate.
Answer: C
Economics
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a. True b. False
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A firm's production function shows the: a. relationship between the inputs and outputs of the firm
b. annual growth rate of revenue of the firm. c. combination of two goods that the firm can produce given its available resources. d. combination of two goods that results in the same amount of profit for the firm.
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