Which one of the following answers correctly shows the correct comparison between the federal funds rate, the discount rate and the interest rate on reserves? The federal funds rate is the highest, then the discount rate is next and finally the interest rate on reserves is the lowest. The interest rate on reserves is the highest, then the federal funds rate is next and finally the discount is the lowest. The discount rate is the highest, then the interest rate on reserves is next and finally the federal funds rate is the lowest. The discount rate is the highest, then the federal funds rate is next and finally the interest rate on reserves is the lowest.
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Which one of the following answers correctly shows the correct comparison between the federal funds...
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