When a Bank in Need of Funds for a Few

question 50

Multiple Choice

When a bank in need of funds for a few days sells some of its government securities to a corporation with a temporary excess of funds, then buys them back shortly thereafter, this is a

• A) federal funds loan.
• B) discount window loan.
• C) repurchase agreement.
• D) commercial paper transaction.

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Definitions:

External Secondary Data

External secondary data refers to data that was collected by someone else outside of the organization and is available for businesses to use for research purposes.

External Secondary Data

Information collected by someone other than the user, available from outside sources such as governments, institutions, and organizations.

Economic Census

A comprehensive survey conducted by a government that collects information about the economic activities of businesses and industries within its jurisdiction.

Secondary Data

Data that was collected by someone else for a different purpose, but is being utilized for another research or analysis.