Author Question: When the Fed reduces the discount rate, banks can obtain funds at a lower cost and use these funds ... (Read 14 times)

brutforce

  • Hero Member
  • *****
  • Posts: 540
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
  • ****
  • Posts: 343
Answer to Question 1

True

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

Medication errors are three times higher among children and infants than with adults.

For a complete list of videos, visit our video library