The market in which banks make loans of reserves for terms of over one year is called the federal funds market.

Name: The market in which banks make loans of reserves for terms of over one year is called the federal funds market.
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The market in which banks make loans of reserves for terms of over one year is called the Eurodollar market. The federal funds market is where banks borrow and lend reserves for terms of one day or less.

The Market in Which Banks Make Loans of Reserves for Terms