How is the federal funds rate determined in the market for reserves?
What will be an ideal response?
The federal funds rate is determined by equilibrium in the reserve markets. The federal funds rate is the rate that sets the quantity of reserves demanded equal to the quantity of reserves supplied.
Economics
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The government's authority to take private property for public use is referred to in economics as a land grab
Indicate whether the statement is true or false
Economics
________ is a problem that occurs when one concludes that a change in variable X caused a change in variable Y when in actual fact, it is a change in variable Y that caused a change in variable X
A) Reverse causality B) The positive-to-negative relationship C) Nonlinear slope D) The omitted variable
Economics