Home
About
Services
Personal Assignment Help
Solutions
Contact
Login
If you appreciate our work, consider supporting us:
QUESTION:
The discount rate is
the interest rate banks receive on reserve balances with the Fed.
The interest rate the Feds charges banks
one divided by the difference between one and the reserve ratio
the interest rate that banks charge on overnight loans to other banks
ANSWER:
The discount rate is
the interest rate banks receive on reserve balances with the Fed.
the interest rate the Fed charges banks
one divided by the difference between one and the reserve ratio
the interest rate that banks charge on overnight loans to other banks
Back to Questions
