The London Interbank Offered Rate (LIBOR)

question 21

Multiple Choice

The London Interbank Offered Rate (LIBOR) :

• A) does not compete with the prime rate domestically for international firms.
• B) often is lower than the domestic prime rate.
• C) is the loan rate offered by London banks to its best customers.
• D) is a stable international rate.

---

Definitions:

Positron Emission Tomography

A diagnostic imaging technique that uses radioactive substances to visualize and measure changes in metabolic processes, and in other physiological activities including blood flow, regional chemical composition, and absorption.

Electrical Activity

The flow of electric charge through a conductor, which is fundamental to the functioning of neural circuits and the heart.

Brain Wave Patterns

Electrical oscillations in the brain that can be measured and are associated with different states of brain function.

Electroencephalography

A non-invasive method used to record the electrical activity of the brain through electrodes placed on the scalp.