The interest rate that banks charge other banks for short-term loans is the:
a. discount rate.
b. prime rate.
c. treasury rate.
d. federal funds rate.
e. interbank rate.
d
Economics
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People who live in apartment buildings across from a football stadium are able to watch football games from the balconies of their apartments instead of paying for tickets to sit inside the stadium. For these free riders, the football games are
A) rival and excludable. B) rival and nonexcludable. C) nonrival and excludable. D) nonrival and nonexcludable.
Economics
When the price of automobile insurance increases sharply, the likely impact on the market for automobiles is: a. an increase in demand
b. an increase in quantity demanded. c. a decrease in demand. d. a decrease in quantity demanded.
Economics