Which of the following interest rates is directly


1. Which of the following interest rates is directly controlled by the Federal Reserve?

the fed funds rate

the discount rate

the prime rate

mortgage rates

credit card rates

2. If the number of Euros required to buy $1 (USD) decreases then the Euro has _______ versus the U.S. dollar.

depreciated

appreciated

declined

improved

increased

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Financial Management: Which of the following interest rates is directly
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