Which of the following is a good indicator of short-term interest rates in international markets?
A)prime rate
B)Treasury bill rate
C)LIBOR
D)Federal funds rate
E)none of the above

Question

Quizplus · Accepted Answer

LIBOR (London Interbank Offered Rate) is a good indicator of short-term interest rates in international markets because it is the rate at which banks lend funds to each other in the London wholesale money market. It is widely used as a benchmark for determining short-term interest rates on loans and financial instruments in global markets. The other options, such as prime rate, Treasury bill rate, and Federal funds rate, are more relevant to the domestic U.S. market.

Which of the Following Is a Good Indicator of Short-Term