The prime rate is defined as:
a. the interest rate commercial banks charge other banks.
...
Business, 17.10.2019 03:30 mucciak8356
The prime rate is defined as:
a. the interest rate commercial banks charge other banks.
c. the best or lowest interest rate commercial banks charge their customers.
b. the interest rate the federal reserve charges to commercial banks.
d. the interest rate that commercial banks charge for lending reserves to the federal reserve. select the best answer from the choices provided a b c d
Answers: 3
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