Which of the following statements is correct? A. The Federal funds rate is the rate banks charge their most creditworthy customers. B. The prime rate involves longer, more risky loans than the Federal funds rate. C. The discount rate is the rate banks charge one another on overnight loans. D. The Federal funds rate is derived based on the prime rate.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Which of the following statements is correct? A. The Federal funds rate is the rate banks charge their most creditworthy customers. B. The ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Clary Corporation sells 2,000 units of product Y per day at $2 per unit. Clary has the option of processing the product further for additional costs of $1000 per day to produce Product Z, which sells for $2.90 per unit.
Answers (2)
The economic principle that states that individuals or nations can gain by specializing in the production of goods that they produce cheaply and exchanging for other desired goods that they could only produce at a higher cost is
Answers (1)
The following is a saving and investing plan. Is it diversified? Deposit $1,000 in a basic savings account. Purchase a savings bond worth $200. Contribute on a regular basis to a mutual fund.
Answers (1)
Describe a developed nation and pve an example
Answers (1)
Confronted with the same unit cost data, a monopolistic producer will charge Group of answer choices a higher price and produce a smaller output than a competitive firm. a higher price and produce a larger output than a competitive firm.
Answers (1)
New Questions in Business
Which of the following will cause a movement along the supply curve? Group of answer choices An increase or decrease in the raw materials costs. A change in the market price of a good, other things held constant. An increase in labor costs.
Answers (1)
A firm has 56 units of product X on hand. Forecasts of demand are for 20 units per week. An MPS quantity of 100 units is planned to arrive in period 3. Customer orders are 24 for period 1,18 for period 2, and 15 for period 3.
Answers (1)
Your aunt is about to retire, and she wants to sell some of her stock and buy an annuity that will provide her with income of $53,000 per year for 30 years, beginning a year from today. The going rate on such annuities is 7.25%.
Answers (1)
What kind of effect would higher taxes have on aggregate supply?
Answers (1)
Which of the following statements is true regarding size of teams? A) The most effective teams have twelve to fifteen members. B) When teams have excess members, cohesiveness declines. C) As team size increases, social loafing decreases.
Answers (1)