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    Bank Management
  4. Exam
    Exam 13: Managing Nondeposit Liabilities
  5. Question
    Primary Credit Is Defined as Loans Available for Short Terms
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Primary Credit Is Defined as Loans Available for Short Terms

Question 23

Question 23

True/False

Primary credit is defined as loans available for short terms and normally considered beneficial for the borrower because it carries an interest rate slightly below the target Fed funds rate.

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