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Business, 18.01.2021 14:00 kiarajack456

1. The discount rate is the interest rate the Fed charges on loans of reserves to banks. a. True
b. False

2. The federal funds rate is the interest rate banks charge for overnight loans of reserves to other banks.

a. True
b. False

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Answers: 1

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1. The discount rate is the interest rate the Fed charges on loans of reserves to banks. a. True
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