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The ____ rate is the interest rate banks charge each other for borrowing or storing money? A. Federal Reserve interest B. Federal funds C. Loan interest

The ____ rate is the interest rate banks charge each other for borrowing or storing money? A. Federal Reserve interest B. Federal funds C. Loan interest
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1 vote
The ____ rate is the interest rate banks charge each other for borrowing or storing money?

A. Federal Reserve interest
B. Federal funds
C. Loan interest

asked
User Frostless
by
8.4k points

2 Answers

6 votes

Answer:

C. Loan interests

Step-by-step explanation:

answered
User Pelanes
by
8.8k points
4 votes

Answer:

Federal fund is the correct answer

Step-by-step explanation:

I made a 100 on the test

answered
User PTTHomps
by
8.3k points
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