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?
Get 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 there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
What is the definition of derived demand? a. consumer demand for a product, stimulated by lack of availability of another product b. demand, due to advertising, for goods and services that are luxuries rather than basic necessities c.
Answers (1)
During the month of March, Baker's Express purchased 10,000 pounds of flour at $1 per pound. At the end of March, Baker's Express found that it had a favorable materials price variance of $500. The standard cost per pound must be
Answers (1)
A firm's bonds have a maturity of 10 years with a $1,000 face value, a 9 percent semiannual coupon, are callable in 5 years at $1,050, and currently sell at a price of $1,080. What is their yield to maturity
Answers (1)
On January 1, 2013, Hays borrowed an additional $1,000 from Barnett Bank, bringing the total amount borrowed to $2,000. On January 1, 2014, Hays paid $500 on the principal of the loan. On December 31, 2014, Hays records the 2014 interest payment.
Answers (1)
A "specific" factor of production is: A) critical to the production of the good or service B) not transferable to other types of production and can only be used for the product in question C) a set quantity for each unit produced D) the opposite of
Answers (1)
New Questions in Business
How much of gordon's social security is taxable? a. $0 b. $16,000 c. $13,600 d. $6,646?
Answers (1)
Buffalo Corporation purchased warehouse shelving for $96,000, terms 1/10, n/30. At the purchase date, Buffalo intended to take the discount. Therefore, it made no entry until it paid for the acquisition. The entry was:
Answers (1)
Murphy's, Inc., has 85,000 shares of stock outstanding with a par value of $1 per share. The market value is $12 per share.
Answers (1)
The production possibilities curve illustrates the basic principle that: Group of answer choices A) an economy will automatically obtain full employment of its resources.
Answers (1)
Which of the following are pros and/or cons of using a market system to produce and distribute health care?
Answers (1)