The federal funds rate is the interest rate that
A) the Fed charges to banks that borrow from it.
B) banks charge the Fed for using their reserves.
C) the Fed pays on bank reserves.
D) banks charge each other for borrowed money.
Correct Answer:
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Q54: When the Federal Reserve buys bonds on
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Q57: An increase in the discount rate will
A)
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A) reduces
Q61: If a bond was to pay off
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