Multiple Choice
The discount rate is the:
A) interest rate banks pay when they borrow directly from the Fed.
B) overnight lending rate on loans from one major bank to another.
C) interest rate on short-term Treasury securities.
D) ratio of reserves to deposits.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q126: The money multiplier is greater than 1
Q127: Money market mutual funds are more liquid
Q128: During the financial crisis of 2008,the Federal
Q129: To increase the money supply in the
Q130: When the Fed wants to increase interest
Q132: If you owe your banker one million
Q133: An insolvent bank is one that:<br>A) borrows
Q134: Reserves held by banks are mainly held
Q135: The Term Auction Facility was set up
Q136: For each depositor name on an account,the