QUESTION 10

In the U.S., the prime interest rate is the ____

		interest rate that banks charge each other for short-term, often overnight, loans
		interest rate the Fed charges member banks
		interest rate banks charge their best customers
		interest rate on U.S. dollar deposits in overseas banks
		None of the above

1 points

QUESTION 11

LIBOR is the ____

		interest rate that banks charge each other for short-term, often overnight, loans
		interest rate the Fed charges member banks
		interest rate banks charge their best customers
		interest rate on U.S. dollar deposits in overseas banks
		None of the above