The federal funds rate is the interest rate
A. banks charge each other on overnight loans.
B. on the 3-month Treasury bill.
C. on the 30-year treasury bond.
D. also known as the prime rate.
Answer:A
The federal funds rate is the interest rate
A. banks charge each other on overnight loans. B. on the 3-month Treasury bill. C. on the 30-year treasury bond. D. also known as the prime rate.