The area ________ the market supply curve and ________ the market price is equal to the total amount of producer surplus in a market

The federal funds rate is

a. the minimum rate associated with the amount of reserves the Fed requires a bank to hold b. the interest rate that the Fed charges banks who borrow from it c. the interest rate charged by banks that lend reserves to other banks for short periods of time d. the maximum rate of the price of a stock that can be borrowed from a bank, with the stock offered as collateral e. an appeal by the Fed to banks, asking for voluntary compliance with the Fed's policies concerning interest rates

A commodity that buyers and sellers both have will increase the efficiency of the market

Indicate whether the statement is true or false.