Prior to 1980,the Fed Set an Interest Rate ________,A Maximum

question 121

Multiple Choice

Prior to 1980,the Fed set an interest rate ________,a maximum limit,on the interest rate that could be paid on time deposits.

• A)floor
• B)ceiling
• C)wall
• D)window

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Definitions:

Peer-to-peer Transmission

Refers to the direct exchange of data or files between users' devices without the need for a centralized server, enabling decentralized communication or sharing.

Pseudonymity

The state of using or having a pseudonym, allowing a person to engage in activities without revealing their true identity.

Blockchain

A decentralized, distributed ledger technology that records transactions across multiple computers in a way that ensures security and transparency.

Irreversibility

The characteristic of a process or decision that cannot be undone or reversed once it has been initiated.