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  • 30-04-2022
  • Social Studies
contestada

Which of the following is NOT
synonymous with "Federal Funds
Rate"?
A. Interest rate
B. Inflation rate
C. Discount rate
D. Prime rate

Respuesta :

saturnpreshine
saturnpreshine saturnpreshine
  • 30-04-2022

Answer:

The answer is D, Prime rate. The overnight rate of the federal funds are the basis of the prime rate, and the prime the beginning point for the majority of other interest rates.

Explanation:

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