Loans made in the federal funds market are
Discussion:
1.Loans made in the federal funds market are
A. made at the discount rate.
B. unsecured loans.
C. made by the Federal Reserve System to a bank.
D. highly collateralized.
E. insured by the FDIC.
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Loans made in the federal funds market are A. made at the discount rate.B. unsecured loans.C. made by the Federal Reserve System to a bank.
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