Choose the One Most Appropriate Answer for Each

question 3

Multiple Choice

Choose the one most appropriate answer for each.
-governing board of the nation's central bank

• A)age distribution
• B)base industry
• C)buying pattern
• D)cost-push inflation
• E)demand
• F)demand-pull inflation
• G)economic base
• H)employment multiplier
• I)Federal Reserve Board
• J)long-run demand
• K)monetary inflation
• L)monetize the debt
• M)primary industry
• N)real
• O)real-cost inflation
• P)secondary industry
• Q)service industry
• R)short-run demand
• S)supply
• T)vulnerability

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Definitions:

Bank Loan

A sum of money borrowed from a bank that must be repaid with interest over a predetermined time period.

Prime Rate

The rate at which large corporations, known for their strong credit, are charged by commercial banks for loans.

Discount Rate

The interest rate charged by central banks on loans they provide to commercial banks, influencing monetary policy and the overall money supply.

Federal Funds Target Rate

The interest rate at which banks and credit unions lend reserve balances to other depository institutions overnight, set by the Federal Reserve.