When the Federal Reserve announces that it is implementing a new interest rate policy, the ____________________ will be affected?
A. real interest rate
B. consumer lending rate
C. nominal interest rate
D. federal funds rate
Answer:D
When the Federal Reserve announces that it is implementing a new interest rate policy, the ____________________ will be affected?
A. real interest rate B. consumer lending rate C. nominal interest rate D. federal funds rate
Explanation: Type: Multiple Choice