A Benchmark That Banks Often Use in Quoting Interest Rates

question 276

Multiple Choice

A benchmark that banks often use in quoting interest rates to their favored customers is the

• A) federal funds rate.
• B) discount rate.
• C) prime rate.
• D) 3-month Treasury bill rate.

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Definitions:

Unconditioned Response

A natural, automatic reaction to a stimulus that occurs without prior learning or conditioning.

Conditioned Response

A learned response to a previously neutral stimulus that has become conditioned through association with an unconditioned stimulus.

Meat

The flesh of animals, including mammals, poultry, and fish, consumed as food by humans.

Conditioned Stimulus

A conditioned stimulus is a previously neutral stimulus that, after being associated with an unconditioned stimulus, elicits a conditioned response.