Question: According to By the Numbers, what were the approximate interest rates for the following types of loans in September 2013: federal funds rate, discount rate,

According to By the Numbers, what were the approximate interest rates for the following types of loans in September 2013: federal funds rate, discount rate, prime rate, 30-year mortgage rate? Why aren’t these interest rates all the same?

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The federal funds rate was around 01 the discount rate was 075 the pr... View full answer

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