Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Match the definition with the term provided.

Transcribed Image Text:Match the definition with the term provided.
Column A
2.
3.
5.
6
The short-term purchase of securities with a
dealer for the Federal Reserve to resell the
securities at a later date.
The interest rate banks charge each other for
overnight lending.
The purchase and sale of treasury and
mortgage-backed securities with dealers.
The interest rate the Federal Reserve charges to
banks for loans issued.
The funds a bank must hold against the deposit
liabilities.
The interest rate a bank charges to its best
customers.
Column B
a.
prime rate
b. federal funds rate
c. repurchase agreements
d. reserve requirements
e. discount rate
f. open market operations
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