The Interest Rate on Unsecured Loans Between Banks Is Called

question 67

Multiple Choice

The interest rate on unsecured loans between banks is called the

• A)discount rate.
• B)repurchase rate.
• C)T-bill rate.
• D)federal funds rate.

---

Definitions:

Hierarchy of Effects

A framework outlining the steps a consumer takes, beginning with awareness and progressing through knowledge, appreciation, preference, conviction, to ultimately making a purchase.

Awareness

The state or level of consciousness where individuals or groups realize the existence or importance of something.

Consumer's Ability

The capacity of a consumer to make informed, effective, and efficient choices about the use of resources.

Product Brand

The identity given to a specific product or range of products by its manufacturer through branding.