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The federal funds rate is typically ________ the primary credit lending rate. a. greater than b. equal to c. less than d. None of these choices are correct.

Respuesta :

The federal funds rate is typically equal the primary credit lending rate.

What is federal funds rate?

Federal funds rate are rate given by the government over credits or loans.

The rate is which commercial banks borrow and lend money and it is often lower than private Organization.

Therefore, the federal funds rate is typically equal than the primary credit lending rate.

Learn more on federal funds here,

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