ECON 100 (ECON 100)
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ECON 100_ SOPHIA_PATHWAY__MACROECONOMICS_Milestone_3
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ECON 100_ SOPHIA_PATHWAY__MACROECONOMICS_Milestone_3
Which of the following statements applies to the discount rate?
• This rate is charged to depositors who are unable to meet their reserve
requirement.
• The fed funds rate is the same as this rate.
• This rate is used when banks borrow directly from the Fed.
• The Fed does not directly control this rate.
CONCEPT
Discount Rate
2
A(n) __________ is a system where banks in the United States eventually figured
out that they coul...
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ECON 100_ SOPHIA_PATHWAY__MACROECONOMICS_Milestone_3
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ECON 100_ SOPHIA_PATHWAY__MACROECONOMICS_Milestone_3 Which of the following statements applies to the discount rate? • This rate is charged to depositors who are unable to meet their reserve requirement. • The fed funds rate is the same as this rate. • This rate is used when banks borrow directly from the Fed. • The Fed does not directly control this rate. CONCEPT Discount Rate 2 A(n) __________ is a system where banks in the United States eventually figured out that they coul...
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