Milestone 4 Introduction to Business Sophia
Harvard University
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Milestone 4 Introduction to Business Sophia
- Exam (elaborations) • 9 pages • 2021
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Exam (elaborations) Milestone 4 Introduction to Business Sophia
1
Which of the following is true regarding discount rate controls?
The lower the discount rate a bank has to pay, the more difficult it becomes for consumers to borrow
money.
The lower the discount rate a bank has to pay, the more likely the health of the economy has declined.
The higher the discount rate a bank has to pay, the more money there is in supply.
The higher the discount rate a bank has to pay, the less willing a ...
Exam (elaborations)
Milestone 4 Introduction to Business Sophia
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Exam (elaborations) Milestone 4 Introduction to Business Sophia 1 Which of the following is true regarding discount rate controls? The lower the discount rate a bank has to pay, the more difficult it becomes for consumers to borrow money. The lower the discount rate a bank has to pay, the more likely the health of the economy has declined. The higher the discount rate a bank has to pay, the more money there is in supply. The higher the discount rate a bank has to pay, the less willing a ...
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