Nonmember banks actually account for a larger volume of federal funds sold and purchased than member banks of the Federal Reserve System.
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Q19: Non-bank thrift institutions that offer transaction accounts
Q20: Only vault cash and reserve balances kept
Q21: The target account used by a bank's
Q22: The majority of federal funds transactions are
Q23: A commercial bank under Federal Reserve rules
Q25: Federal funds interest rates appear to change
Q26: The federal funds interest rate tends to
Q27: Due to the essentially risk less nature
Q28: Money market CDs must be negotiable instruments
Q29: The round-lot trading unit for CDs bought
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