Which of the Following Statements Is FALSE

question 17

Multiple Choice

Which of the following statements is FALSE?

• A)The interest rates that banks offer on investments or charge on loans depends on the horizon of the investment or loan.
• B)The Federal Reserve determines very short-term interest rates through its influence on the federal funds rate.
• C)The interest rates that are quoted by banks and other financial institutions are nominal interest rates.
• D)Fundamentally,interest rates are determined by the Federal Reserve.

Know how to adjust shape and object sizes without altering their proportions.

Learn how to use alignment tools for slide elements.

Gain knowledge on the different views in PowerPoint and their best uses.

Learn about the components that can be included in notes pages and handouts.

---

Definitions:

Fair Value

An estimate of the market value of an asset or liability, based on current prices in active markets for identical or similar items.