The Interest Rate for Primary Credit Is Usually Set ________

question 4

Multiple Choice

The interest rate for primary credit is usually set ________ basis points ________ the federal funds rate. In March 2008,this gap was changed to ________ basis points.

• A)50;below;100
• B)100;above;25
• C)100;below;50
• D)50;above;25

Solve problems related to the appreciation and depreciation of currencies.

Evaluate the cost-effectiveness of purchasing international goods and services.

Understand the impact of service charges on currency exchanges.

Apply mathematical ratios and proportions in financial contexts.