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QUESTION
no need explanation. just quick final answer What is the cash rate?
no need explanation. just quick final answer
What is the cash rate?
Select one:
a. The interest rate individuals pay when they take out a loan from a bank or financial institution.
b. The exchange rate between Australian cash and the currencies of other countries.
c. The interest rate individuals get from making cash deposits into a bank or financial institution.
d. The interest rate at which banks and financial institutions lend to each other in the overnight money market.
