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One of the Three Types of Loans in the Fed

question 30

Short Answer

One of the three types of loans in the Fed Funds market,__________________ loans are unwritten agreements,negotiated via wire or telephone,with the borrowed funds returned the next day.


Definitions:

Adaptation

The process by which a species becomes better suited to its environment through evolutionary changes in its characteristics.

Charles Darwin

English naturalist, geologist, and biologist, best known for his contributions to the science of evolution.

Jean-Baptiste Lamarck

A French naturalist known for his theory of inheritance of acquired characteristics, pre-dating Darwin's theory of evolution by natural selection.

Natural Selection

The process by which genetic variations that enhance survival and reproduction become more common in successive generations of a population.

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