This is Business Princess class!!

1- - is the money that banks must have on hand at all times?

-Monetary policy

-Money supply

-Certificate of deposit

-Reserve requirement

-FDIC

2- The Fed lends money to member banks at a(n) rate.?

-higher

-reserve

-discount

-global

-open-market

3-If the federal funds rate goes up, then what happens to the interest rates on credit cards and student loans?

-The Fed will take over the payments.

-No change.

-They decrease.

-FDIC will take over.

-They increase.