QUESTION 9

Federal Funds 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 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

1 points

QUESTION 12

Based on the performance of S&P 500, the U.S. equity market has steadily increased since the worst of the Great Recession in 2009. However, it has never been able to get to the level it attained prior to the 2008 financial crisis.

True

False

1 points

QUESTION 13

Which of the following is NOT an equity market index?

		Nasdaq
		S&P 500
		Gold
		Dow Jones Industrial Average
		All are equity market indexes