MCQOPTIONS
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MCQOPTIONS
| 1. |
The refinancing rate is ? |
| A. | The interest rate at Which commercial banks lend to and borrow from each other |
| B. | The interest rate the European Central Bank pays on reserves |
| C. | The interest rates the public pays when borrowing from banks |
| D. | The interest rates the European Central Bank charges on loans to banks |
| E. | He interests rate banks pay on the public’s deposits |
| Answer» E. He interests rate banks pay on the public’s deposits | |