Which of the following is the market where reserves can be borrowed by one bank from another bank for very short periods of time?
A. Commercial paper market.
B. Money market.
C. Foreign exchange market.
D. Federal funds market.
Answer: D
Economics
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What will be an ideal response?
Economics
Your professor loves her work, teaching economics. She has been offered other positions in the corporate world that would increase her income by 25 percent, but she has decided to continue working as a professor. Her decision would not change unless
a. the marginal cost of teaching increased. b. the marginal benefit of teaching increased. c. the marginal cost of teaching decreased. d. the marginal benefit of a corporate job decreased.
Economics