Question
The federal funds market is the market in which:
A. Banks borrow from each other
B. The federal government borrows from members of the general public
C. The federal government borrows from the Fed
D. Banks borrow from the Fed
E. Bank customers borrow from their banks
A. Banks borrow from each other
B. The federal government borrows from members of the general public
C. The federal government borrows from the Fed
D. Banks borrow from the Fed
E. Bank customers borrow from their banks
Answers
GPT 3.5
D. Banks borrow from the Fed