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Author Question: The discount rate is the interest rate charged by: a. major banks to their best customers. b. ... (Read 99 times)

Beheh

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on: Jun 30, 2018
The discount rate is the interest rate charged by:
 a. major banks to their best customers.
  b. banks for overnight loans to other banks.
  c. the Fed on loans of reserves to banks.
  d. banks for loans of less than 24 hours.

Question 2

The cost to a member bank of borrowing from the Federal Reserve is called the:
 a. reserve requirement.
  b. price of securities in the open market.
  c. discount rate.
  d. yield on government bonds.


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verrinzo

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Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

c


Beheh

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Reply #2 on: Jun 30, 2018
Thank you :)


verrinzo

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Reply #3 on: Jun 30, 2018
Happy to help you


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