A daily auction at the Chicago Board of Trade sets
A) Federal funds rate.
B) 10-year bond rate.
C) Discount rate.
D) Prime rate.
E) Credit cards rate.
B
Economics
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What does the Cobb-Douglas production function assume about the input shares in the economy?
A) the capital share is larger than the labor share of income B) both the capital and labor shares of income grow over time C) both the capital and labor shares of income remain relatively constant over time D) the capital share of income is equal to the labor share of income E) none of the above
Economics
Refer to the provided production possibilities curves. Curve (a) is the initial curve for the economy. If the economy's production possibilities then shift to curve (b), then
What will be an ideal response?
Economics