Multiple Choice
The discount rate is the
A) banks' real interest rate.
B) interest rate at which the Fed will loan reserves to commercial banks.
C) interest rate banks charge the Fed when the Fed borrows from the banks.
D) name of the interest rate banks charge their most credit-worthy borrowers.
E) interest rate paid on U.S.government securities.
Correct Answer:
Verified
Correct Answer:
Verified
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