Which of the following statements is true as it relates to banks and the federal funds market?
o a.) The federal funds rate is charged on an annual basis.
b.) The FOMC uses taxation to control our money supply.
c.) Banks with less than the reserve requirement need overnight loans to
meet their obligations.
d.) The federal funds market developed as banks lost customers.

the answer is a beach is the best place to be

for future students the answer is b

hope i

-lavira: )

answer:

some responsibilities that come with having a checking account -

1. we have to maintain check register with exactness to avoid checks being returned for insufficient funds which is called bouncing a check.

2. we need to update our check register each time we make a transaction using a convenience card. updating check register will   save   us from   overdrawing of checking account.

3. read the agreement the bank gave you when you signed up for our checking account. this includes all the fees and the minimum balance we need to keep in our account to avoid maintenance charges.  

explanation:

note : -   checking account is a transactional deposit account. we can use it to deposit and withdraw funds. money in a checking account is very liquid. it   can be withdrawn using electronic debits, automated cash machines, or checks among other methods.