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Which of the following rates is the Fed fund rate? A . The rate that a commercial bank lends to another commercial bank for overnight
Which of the following rates is the Fed fund rate?
A
The rate that a commercial bank lends to another commercial bank for overnight reserves
B
The rate that commercial banks lend to their corporate customers for international trades
C
The rate that the Fed lends to commercial banks for overnight reserves
D
London InterBank Offer Rate LIBOR
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