The federal funds rate is the interest rate that the Fed charges banks for its loans to them   Group of answer choices   True   False. Type out the correct answer ASAP with proper explanation of it.

Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter14: Money And Banking
Section14.3: Types Of Money In The United States
Problem 5R
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The federal funds rate is the interest rate that the Fed charges banks for its loans to them

 

Group of answer choices

 

True

 

False.

Type out the correct answer ASAP with proper explanation of it.

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