This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The discount rate is the interest rate charged by: a. major banks to their best customers. b. ... (Read 46 times)

Beheh

  • Hero Member
  • *****
  • Posts: 520
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.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

verrinzo

  • Sr. Member
  • ****
  • Posts: 346
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

c


Beheh

  • Hero Member
  • *****
  • Posts: 520
Reply #2 on: Jun 30, 2018
Thank you :)


verrinzo

  • Sr. Member
  • ****
  • Posts: 346
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Earth’s Major Tectonic Plates Earth’s Major Tectonic Plates
Body systems and their major functions. Body systems and their major functions.
Rate of Growth of Brain Areas Rate of Growth of Brain Areas
Major Causes of Death in U.S by Age Group Major Causes of Death in U.S by Age Group
(B) Locations of major arteries. (B) Locations of major arteries.
Major Categories of Long-Term Memory Major Categories of Long-Term Memory
Video: Introduction to filtration - filtrate formation and composition

For a complete list of videos, visit our video library