Which of the following is NOT synonymous with "Federal Funds Rate"? A. Interest rate B. Inflation rate C. Discount rate D. Prime rate

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asked Dec 4, 2023 128k views

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Elion · Answer 1 · 2023-12-11T08:00:09+0000

Answer:

The answer is D, Prime rate. The overnight rate of the federal funds are the basis of the prime rate, and the prime the beginning point for the majority of other interest rates.

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Which of the following is NOT synonymous with "Federal Funds Rate"? A. Interest rate B. Inflation rate C. Discount rate D. Prime rate

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