The ʺinterest ratesʺ the Fed is cutting is the ________.
A. reserve interest rate
B. Federal Funds rate
C. nominal long-term interest rate
D. real long-term interest rate
Answer:B
The ʺinterest ratesʺ the Fed is cutting is the ________.
A. reserve interest rate B. Federal Funds rate C. nominal long-term interest rate D. real long-term interest rate