In the federal funds market, _____
a. banks make loans to the Fed
b. banks make short-term loans to other banks
c. banks make long-term loans to other banks
d. the Fed makes short-term loans to private borrowers
e. the Fed makes long-term loans to commercial banks
b
Economics
You might also like to view...
If transactions costs are high, the economic pie may not be maximized
Indicate whether the statement is true or false
Economics
If a 20 percent increase in the price of a used car results in a 10 percent decrease in the quantity of used cars demanded, then the price elasticity of demand equals
A) 0.5. B) 1.0. C) 2.0. D) 10.0.
Economics