The interest rate that banks charge each other for short-term loans is the
a. discount rate
b. prime rate
c. treasury rate
d. federal funds rate
e. interbank rate
D
Economics
You might also like to view...
Refer to the scenario above. What is the present value of the gift voucher for Jim?
A) 12 utils B) 22.5 utils C) 90 utils D) 180 utils
Economics
When a firm faces a downward-sloping demand curve, marginal revenue
A) must exceed price because the price effect outweighs the output effect. B) must exceed price because the output effect outweighs the price effect. C) is less than price because a firm must lower its price to sell more. D) equals price because the firm sells a standardized product.
Economics