The Interest Rate Charged by Banks with Excess Reserves at a Federal

question 30

Multiple Choice

The interest rate charged by banks with excess reserves at a Federal Reserve Bank to banks needing overnight loans to meet reserve requirements is called the

• A) prime rate.
• B) discount rate.
• C) federal funds rate.
• D) call money rate.
• E) money market rate.

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Definitions:

Ceramic Base

A non-conducting, heat-resistant base used in electronic components and devices, made from ceramic materials.

Thick Film

A technology used in the manufacture of electronic devices and circuits, where materials are deposited in thin layers on a substrate to create components with specific electrical properties.

Electrical Schematics

Diagrams that represent the components and connections in an electrical circuit, using standardized symbols to facilitate understanding and troubleshooting.

Rheostat

A variable resistor.