Question: Initially, most short - term adjustable - rate business loans in the U . S . were tied to Blank _ _ _ _ _

Initially, most short-term adjustable-rate business loans in the U.S. were tied to Blank______, but today they are priced relative to Blank______.
Multiple choice question.
LIBOR; the Fed discount rate
LIBOR; the federal funds rate
the Fed discount rate; LIBOR
the federal funds rate; LIBOR

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