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    Business
  3. Study Set
    Modern Principles Macroeconomics
  4. Exam
    Exam 15: The Federal Reserve System
  5. Question
    When Banks Borrow Directly from the Fed,the Interest Rate on Those
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When Banks Borrow Directly from the Fed,the Interest Rate on Those

Question 2

Question 2

Multiple Choice

When banks borrow directly from the Fed,the interest rate on those loans is the:


A) prime rate.
B) discount rate.
C) Federal Funds rate.
D) required reserve rate.

Correct Answer:

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