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What is the Federal Funds Rate?
The Federal funds rate is the interest rate at which a depository institution lends immediately available funds (balances at the Federal Reserve) to another depository institution overnight.
andrewpallarca|Points 32483|
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Asked 3/4/2014 11:01:29 PM
Updated 11/15/2016 10:54:10 AM
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Confirmed by yumdrea [11/15/2016 10:54:10 AM]
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How long is a fiscal year?
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Updated 3/3/2014 6:56:20 PM
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A fiscal year is a 12-month period.
Added 3/3/2014 6:56:17 PM
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What are expansionary policies?
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Updated 3/3/2014 11:06:57 PM
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An Expansionary policy is a macroeconomic policy that seeks to expand the money supply to encourage economic growth or combat inflation (price increases).
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In the United States, who is the lender of last resort?
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Updated 3/4/2014 11:52:18 PM
1 Answer/Comment
In the U.S. the Federal Reserve acts as the lender of last resort.
Added 3/4/2014 11:52:18 PM
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Rated good by debnjerry, Confirmed by debnjerry [3/5/2014 6:45:01 AM]
What is a recognition lag?
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Updated 3/5/2014 7:59:34 PM
1 Answer/Comment
A recognition lag means the delay in time between the occurrence of a macroeconomic event or shock and how long it takes for it to be noticed.
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When the government runs a deficit, it must sell bonds through which department?
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Updated 3/3/2014 4:41:33 PM
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When the government runs a deficit, it must sell bonds through the US Treasury Bonds.
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