Examlex
A pigeon learns to peck only at a red disk.It will not peck at an identical disk of any other color.This illustrates the concept of ___________.
Financial Institution
An organization that provides financial services to its clients or members, such as banks, credit unions, and insurance companies.
Discount Rate
The interest rate charged by central banks on loans to commercial banks, influencing monetary policy and economic conditions.
Federal Funds Rate
The interest rate at which depository institutions lend reserves to other depository institutions overnight, crucial for monetary policy in the United States.
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