LIBOR is a key reference rate in the money markets. Many ________ of dollars of loans and derivative assets are tied to it.
A) thousands
B) millions
C) billions
D) trillions

Question

Quizplus · Accepted Answer

The text states that "Many trillions of dollars of loans and derivative assets are tied to [LIBOR]." Therefore, the best choice is D, as it corresponds to the highest order of magnitude mentioned in the text.

LIBOR Is a Key Reference Rate in the Money Markets