The Interest Rate That Banks Charge One Another for Overnight

question 146

Multiple Choice

The interest rate that banks charge one another for overnight lending of reserves is the

• A)federal funds rate
• B)interbank credit card rate
• C)subprime mortgage rate
• D)prime rate
• E)local funds rate

Recognize the application areas and loading conditions suited for pin fasteners.

Understand the advantages of taper pins over straight pins in mechanical assemblies.

Know the mechanisms used by semi-permanent pin fasteners for locking.

Recognize the various examples of pin fasteners and their applications.

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Definitions:

European Recovery Plan

The European Recovery Plan, also known as the Marshall Plan, was an American initiative after World War II to aid Western Europe, in which the U.S. provided substantial financial assistance to rebuild European economies and prevent the spread of Soviet communism.

Potsdam

A city in Germany known for hosting the Potsdam Conference in 1945 where Allied leaders discussed post-World War II order.

Diplomatic Relations

The formal interactions between sovereign states conducted through diplomatic representatives, aiming to manage and improve mutual relations.

Berlin Airlift

A military operation in 1948-1949 where Allied forces supplied food, fuel, and essentials to West Berlin by air, circumventing a Soviet blockade during the Cold War.