Primary Credit Extended by the Fed Is: 

question 98

Multiple Choice

 Primary credit extended by the Fed is: ?

• A) for banks needing long-term loans to work out financial problems.?
• B) the highest interest rate loans offered by the Fed.?
• C) short-term, usually overnight loans.?
• D) loans offered at the prime interest rate for periods exceeding thirty days but less than one year.

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