The Federal Funds Rate Refers to the

question 75

Multiple Choice

The federal funds rate refers to the

• A)percentage of federal spending that is made up of "uncontrollables," budget items that cannot be controlled through the regular budget process.
• B)percentage of federal spending on programs that are controlled through the regular budget process.
• C)congressionally determined limit on the amount of national debt that can be issued by the U.S.Treasury.
• D)interest rate on loans between banks.

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Definitions:

Fence

A structure serving as an enclosure, barrier, or boundary, typically made out of wire, wood, or other materials.

Tender Of Performance

An offer by one party to perform their obligations under a contract, in accordance to the contract's terms.

Conditional

Depending on or subject to one or more conditions or requirements being met; not absolute.

Unconditionally Offers

The act of making an offer without attaching any conditions or stipulations.