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no need explanation. just quick final answer What is the cash rate? Select one: a.The interest rate individuals pay when they take out a loan

no need explanation. just quick final answer

What is the cash rate?

Select one:

a.The interest rate individuals pay when they take out a loan froma bank or financial institution.

b.The exchange rate between Australian cash and the currencies of other countries.

c.The interest rate individuals get from making cash deposits into a bank or financial institution.

d.The interest rate at which banks and financial institutions lend to each other in the overnight money market.

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