Which of the following mountain ranges is likely composed of soft material?
Definitions:
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.
Federal Reserve System
An alternative term for the Federal Reserve, emphasizing its structure as a network of 12 Federal Reserve Banks serving as the nation's central bank.
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