Which of the following items are considered today a part of the federal funds market?
A) Reserve balances of member banks held at the Federal Reserve banks
B) Bank deposits held with large correspondent banks in the principal U.S. cities
C) Deposits of savings and loans, credit unions and savings banks held with commercial banks and available for immediate transfer
D) Deposits held by securities dealers
E) All of the above
F) None of the above

Question

Quizplus · Accepted Answer

The federal funds market includes all of these options as it involves the lending and borrowing of reserve balances at the Federal Reserve among banks and other financial institutions, including the interactions with large correspondent banks, deposits available for immediate transfer, and deposits held by securities dealers.

Which of the Following Items Are Considered Today a Part