When the Fed reduces the discount rate, banks can obtain funds at ...

[brutforce]

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]

Answer to Question 1

True

Answer to Question 2

B