Question 19 Mark this question Which of the following is true about the federal funds rate? It
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Question 19
Mark this question
Which of the following is true about the federal funds rate?
- It is directly set by the Fed.
- It is the rate that banks pay to borrow money from the Fed.
- It is the rate at which treasury securities are bought and sold.
- It is one of the many tools the Fed uses to control the money supply.
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