Generally, the Prime Interest Rate

question 165

Multiple Choice

Generally, the prime interest rate:

• A)moves in the opposite direction as the overnight lending rate.
• B)remains constant over long periods of time.
• C)is highly inflexible downward.
• D)moves in the same direction as the overnight lending rate.

---

Definitions:

Equal Employment Opportunity

Policies and regulations that ensure all individuals have an equal chance for employment, without discrimination.

Personnel Department

A division within an organization focused on managing employee-related tasks, such as hiring, training, and addressing workplace issues.

External Concern

Issues or factors outside an organization that affect its operations or decisions.

Health Care Organizations

Institutions that provide medical services, support, and information to the people who need them, including hospitals, clinics, and outpatient care centers.