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Business, 14.01.2020 04:31 jesh0975556

The discount rate is the interest rate the fed charges on loans of reserves to banks. the federal funds rate is the interest rate banks charge for overnight loans of reserves to other banks.

which of the following statements about the discount rate and the federal funds rate are true? check all that apply.

a. to meet their reserve requirements, most banks borrow money from the federal funds market rather than from the discount window.
b. if the fed wants to contract the monetary supply, it can raise the discount rate.
c. the federal funds rate is a primary barometer of fed policy reported in the media.

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