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Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559 Exercise 45
Circle the letter that corresponds to the best answer. Which statement is false ?
A) the prime rate and the federal funds rate usually rise and fall together.
B) the prime rate is usually higher than the federal funds rate.
C) the federal funds rate is usually higher than the prime rate.
A) the prime rate and the federal funds rate usually rise and fall together.
B) the prime rate is usually higher than the federal funds rate.
C) the federal funds rate is usually higher than the prime rate.
Explanation
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Prime rate is the interest rate that the...
Macroeconomics 11th Edition by Stephen Slavin
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