The Interest Rate Charged by Banks with Excess Reserves at a Federal

question 30

Multiple Choice

The interest rate charged by banks with excess reserves at a Federal Reserve Bank to banks needing overnight loans to meet reserve requirements is called the

• A) prime rate.
• B) discount rate.
• C) federal funds rate.
• D) call money rate.
• E) money market rate.

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Definitions:

Pitch Deck

A presentation created by entrepreneurs outlining their business model, product, and financial needs to potential investors.

Podium

A small platform on which a person may stand to be seen by an audience, as when making a speech or conducting an orchestra.

Traction

The demonstration of a company's progress or customer acceptance, often used by startups to indicate growth and potential to investors.

Accomplishment Statement

A summary or statement that clearly describes the achievements and impact of an individual's work, often used in resumes or professional profiles.