Interest rate charged on loans, discount rate
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1) The interest rate charged on loans between depository institutions is commonly referred to as the
a.federal funds rate
b discount rate.
c repo rate
d none of the above
2) The discount rate is determined by
a the Federal Reserve
b Congress.
c the Treasury
d the President of the United States
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Answers MCQs on interest rate charged on loans between depository institutions and discount rate.
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1) The interest rate charged on loans between depository institutions is commonly referred to as the
a. federal funds rate
b discount rate.
c repo rate
d none of the above
Answer: a. federal funds rate
The federal funds rate is the interest rate that is charged on loans between depository ...
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