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A(n) ______ is a simplified balance sheet. asset account T - account bank account _____ has the key advantage that it is readily understood by

  1. A(n) ______ is a simplified balance sheet.

    asset account

    T - account

    bank account

  2. _____ has the key advantage that it is readily understood by the public and is highly transparent.

    The reserve rule

    Inflation targeting

    Prime rate targeting

    Discount rate targeting

  3. The interest rate the Fed charges other banks for loans is the ______ rate and the interest rate on over night loans from one bank to another bank is the ______ rate.

    federal funds; discount

    reverse repo; repo

    discount; federal funds

    mortgage; collateral loan

    all of the above

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