LIBOR is _____ the prime rate.
A) approximately equal to
B) considerably higher than
C) considerably lower than
D) a lagging indicator of

Name: LIBOR is _____ the prime rate. A) approximately equal to B) considerably higher than C) considerably lower than D) a lagging indicator of
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LIBOR (London Interbank Offered Rate) is typically lower than the prime rate, which is the interest rate that commercial banks charge their most creditworthy customers.

LIBOR Is _____ the Prime Rate