The federal funds rate is the interest rate:
a. On U.S. interbank loans.
b. The Federal Reserve changes banks that borrow from it.
c. The World Bank charges to central banks.
d. Central banks charge individuals.
e. U.S. financial institutions pay to their best (i.e., largest) depositors.
.A
You might also like to view...
Advertising is a ________ cost that is incurred by ________
A) variable; monopolies B) variable; perfectly competitive firms C) fixed; perfectly competitive firms D) fixed; monopolistically competitive firms E) marginal; monopolistically competitive firms
Variable costs are
A) a production expense that does not vary with output. B) a production expense that changes with the quantity of output produced. C) equal to total cost divided by the units of output produced. D) the amount by which a firm's cost changes if the firm produces one more unit of output.