The prime interest rate is the
A) interest rate on six-month U.S. Treasury bills.
B) Federal funds rate.
C) discount rate.
D) interest rate that banks charge high-quality borrowers.
Answer: D
The prime interest rate is the
A) interest rate on six-month U.S. Treasury bills.
B) Federal funds rate.
C) discount rate.
D) interest rate that banks charge high-quality borrowers.
Answer: D