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Which of the following is NOT synonymous with "Federal Funds Rate"? A. Interest rate B. Inflation rate C. Discount rate D. Prime rate
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Which of the following is NOT

synonymous with "Federal Funds
Rate"?
A. Interest rate
B. Inflation rate
C. Discount rate
D. Prime rate

User Dewald
by
5.2k points

1 Answer

6 votes

Answer:

The answer is D, Prime rate. The overnight rate of the federal funds are the basis of the prime rate, and the prime the beginning point for the majority of other interest rates.

Step-by-step explanation:

User Elion
by
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