Question: Why would a bank prefer making loans by borrowing funds in the fed funds market? Question 4Select one: a. The fed funds rate is less
Why would a bank prefer making loans by borrowing funds in the fed funds market? Question 4Select one: a. The fed funds rate is less than the rate of interest on reserves b. The fed funds market is less regulated than bank reserves c. Banks are required to maintain reserves above the Fed's required reserve ratio d. Each of these answers is correct
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