your interest rate is determined by rates... money market ma - nē mār - kat the money market involves the…
your interest rate is determined by rates... money market ma - nē mār - kat the money market involves the purchase and sale of large volumes of very short - term debt products, such as overnight reserves or commercial paper. set by your bank that follow the rates in the national money market set by the state rewatch submit
Answer
Brief Explanations:
Interest rates are often influenced by broader market - level factors. The money market involves short - term debt products, and bank interest rates usually follow national money market rates. Banks don't unilaterally set rates in isolation, and states generally don't directly set individual bank interest rates for normal transactions.
Answer:
that follow the rates in the national money market