Milestone 4 Introduction to Business Sophia

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 ...