Examlex
MATCHING
Identify the letter of the choice that best matches the phrase or definition.
-Kind of data that remains available even after the computer is powered off
Federal Funds Rate
The interest rate at which depository institutions trade federal funds (balances held at Federal Reserve Banks) with each other overnight.
Inflation Rate
The percentage change in the price level of goods and services in an economy over a given period of time.
Prime Interest Rate
The interest rate that commercial banks charge their most creditworthy customers, often used as a benchmark in lending rates.
Equation of Exchange
An economic formula representing the relationship between the supply of money in an economy and the level of prices of goods and services, expressed as M*V = P*T.
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