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Author Question: When the Fed reduces the discount rate, banks can obtain funds at a lower cost and use these funds ... (Read 54 times)

brutforce

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on: Jul 14, 2018
When the Fed reduces the discount rate, banks can obtain funds at a lower cost and use these funds to make more loans to their own customers.
 
 Indicate whether the statement is true or false

Question 2

An unfavorable trade balance is called a(n)
 A) balance of trade.
  B) trade deficit.
  C) currency devaluation.
  D) balance of payments.
  E) import balance.


trog

  • Sr. Member
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Reply #1 on: Jul 14, 2018
Answer to Question 1

True

Answer to Question 2

B


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