Which of the following interest rates are not determined in the money market?
A)U.S.Treasury bill rate
B)prime rate
C)commercial paper rate
D)federal funds rate

Question

Quizplus · Accepted Answer

The prime rate is determined by commercial banks and is influenced by the Federal Reserve's monetary policy, but it is not directly determined in the money market. The other interest rates listed (U.S. Treasury bill rate, commercial paper rate, and federal funds rate) are all determined in the money market.

Which of the Following Interest Rates Are Not Determined in the Money