Mathematics, 19.07.2020 04:01 shauntleaning
The federal funds rate is paid to
a.) banks that need to borrow in order to meet the reserve requirement
b.) banks who lend excess reserves to other member banks
c.) depositors whose funds are loaned out to member banks
d.) the Federal Open Market Committee for overseeing the Federal Funds
rate
Answers: 1
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The federal funds rate is paid to
a.) banks that need to borrow in order to meet the reserve requir...
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