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A dollar-denominated deposit at a London bank is called _____. a) Eurodollars b) LIBOR c) Fed funds d) Bankers' acceptance

A dollar-denominated deposit at a London bank is called _____. a) Eurodollars b) LIBOR c) Fed funds d) Bankers' acceptance

Final answer:A dollar-denominated deposit at a London bank or any foreign bank is called a Eurodollar. It is a practice where people deposit their US dollars in foreign banks to gain higher interest. Other terms like LIBOR, Fed funds and Bankers' acceptance related to different finance contexts. Option A is correct.Explanation:Adollar-denominated depositat aLondon bankis called aEurodollar. Eurodollars refer to US dollars that are deposited in banks outside the United States, including London. The term does not imply the Euro currency or Europe. Rather, it refers to the practice where bank depositors gain higher interest by depositing their funds in foreign accounts. Some of the other options like LIBOR, Fed funds, and Bankers' acceptance related to other financial terminologies but not to dollar-denominated deposits in foreign banks.Learn more about Eurodollar here:brainly.com/question/34896977#SPJ11...

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