In borrowing and lending of federal funds, the federal funds rate is result of function between _____________?

Correct answer: C. supply and demand

  • A. assets and liability
  • B. cost and marketing
  • C. supply and demand
  • D. income and expense

Explanation

The federal funds rate is determined by the interaction of banks’ willingness to lend funds and other banks’ need to borrow them. This supply-and-demand process establishes the market rate.

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