Answered

Discover the best answers at Westonci.ca, where experts share their insights and knowledge with you. Connect with a community of experts ready to help you find solutions to your questions quickly and accurately. Get quick and reliable solutions to your questions from a community of experienced experts on our platform.

What is the term for the interest rate at which commercial banks lend reserves to each other overnight?
a) Prime rate
b) Discount rate
c) Federal funds rate
d) LIBOR

Sagot :

Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. Discover more at Westonci.ca. Return for the latest expert answers and updates on various topics.