The Interest Rate That the Fed Charges Banks to Borrow

question 295

Multiple Choice

The interest rate that the Fed charges banks to borrow funds from the Fed is the

• A) discount rate.
• B) federal funds rate.
• C) money market rate.
• D) nominal interest rate.

---

Definitions:

Public Affairs Professional

A specialist who manages an organization's interactions and communications with governmental bodies, the media, and the public.

Public Information Officer

A designated individual responsible for communicating an organization's information to the public and handling media inquiries.

Government-To-Citizen

Electronic interactions conducted between government bodies and private individuals, facilitating access to government information and services online.

NIH Clinical Center

The clinical research hospital of the National Institutes of Health (NIH) in Bethesda, Maryland, USA, focusing on patient-centered research and innovative clinical trials.