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14) The cash rate is the interest rate: (i) charged by ennnnereial banks on personal loans; (ii) received by commercial banks on foreign reserves; (iii)

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14) The cash rate is the interest rate: (i) charged by ennnnereial banks on personal loans; (ii) received by commercial banks on foreign reserves; (iii) an overnight loans of reserves made by commercial banks to each other. A. Only alternative (iii) is true. B. Only alternative (ii) is true. C. Only alternative (i) is true. D. None of the alternatives {i} tn {iii} is true

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