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What is the name of the specific interest rate that the Feds target? a. Federal Funds...

What is the name of the specific interest rate that the Feds target?

a. Federal Funds Rate

b. Private Funds Rate

c. Bank Funds Rate

d. Organizational Funds Rate

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Answer #1

Ans) Federal fund rate is the interest rate that banks charge from other banks for lending the money.

Option a.

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