Which of the Following Statements Is FALSE

question 71

Multiple Choice

Which of the following statements is FALSE?

• A) The interest rates that banks offer on investments or charge on loans depend on the horizon of the investment or loan.
• B) The Federal Reserve determines very short-term interest rates through its influence on the federal funds rate.
• C) The interest rates that are quoted by banks and other financial institutions are nominal interest rates.
• D) Fundamentally, interest rates are determined by the Federal Reserve.

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Definitions:

Gender Inequality

A disparity in power, opportunities, and rights between genders, often leading to discrimination and disadvantage for women and gender-diverse individuals.

Agricultural Societies

Are societies in which plows and animal power are used to substantially increase food supply and dependability as compared with horticultural and pastoral societies. Agricultural societies first emerged about 5,000 years ago.

Private Property

The legal right or interest that an individual has in a piece of property, distinctly marked by ownership rights, be it real estate or personal property.

Domestication of Animals

The process by which humans have modified the genes of animals over generations to live in close association with humans, often for the purpose of labor, companionship, or food.