The federal funds market is the market in which:
a. banks borrow from the Fed.
b. bank customers borrow from their banks
c. banks borrow from each other.
d. the federal government borrows from the Fed.
e. the federal government borrows from members of the general public.
c
Economics
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What do sellers do if they expect the price of goods they have for sale to increase dramatically in the near future?
What will be an ideal response?
Economics
A decrease in aggregate supply means:
A. both the real domestic output and rises in the price level would become greater. B. the real domestic output would increase and rises in the price level would become smaller. C. the real domestic output would decrease and the price level would rise. D. both the real domestic output and the price level would decrease.
Economics