The interest rate at which the Federal Reserve Banks lend to commercial banks is called the:

A. prime rate.
B. short-term rate.
C. discount rate.
D. federal funds rate.

C. discount rate.

Economics

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In the short run, if a firm does not produce any output then it does not incur any costs

a. true b. false

Economics

?National income (NI) is calculated by adjusting GDP for:  

A. ?depreciation. B. ? investment and net exports. C. ?Social Security insurance contributions and transfer payments. D. ?corporate and personal income taxes.

Economics