To Make Sure That the Federal Funds Rate Does Not

question 33

Multiple Choice

To make sure that the federal funds rate does not fall much below the floor set by the interest rate on excess reserves,the Federal Reserve has set up the ________ facility in which these nonbank lenders can lend to the Fed and earn an interest rate that is close to the interest rate the Fed pays on excess reserves.

• A)reverse repo
• B)Term Securities Lending
• C)Term Auction
• D)Primary Dealer Credit

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Definitions:

Sternocostal Synchrondrosis

A type of joint where the first rib meets the sternum, characterized by its cartilaginous connection that allows for some movement.

Costochondral Joint

The articulation between the costal cartilages and the ends of the ribs, contributing to the chest wall's flexibility.

Sternal Symphyses

Joints located where the cartilage connects the rib bones to the sternum, allowing for flexibility and movement during breathing.

Sternocostal Synchrondrosis

Sternocostal synchondrosis refers to the cartilaginous joints between the sternum and the first ribs, which are important for rib cage flexibility and stability.