The Interest Rate for Primary Credit Is Usually Set ________

question 4

Multiple Choice

The interest rate for primary credit is usually set ________ basis points ________ the federal funds rate. In March 2008,this gap was changed to ________ basis points.

• A)50;below;100
• B)100;above;25
• C)100;below;50
• D)50;above;25

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Definitions:

Auditor

A professional who examines and evaluates the accuracy and completeness of financial records and statements.

Store Detective

A person employed by a retail business to prevent theft, often working in plain clothes.

Courtesy

Polite behavior that shows respect for other people.

Organizational Citizenship Behavior

Voluntary, extra-role actions performed by employees that contribute to the overall effectiveness and positive atmosphere of an organization.