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History, 28.01.2020 12:31 KaleahV

Which statement is true about the federal reserve discount rate? bout the federal reserve discount rate?
a. it influences bank behavior in order to control the money supply.
b. a low discount rate means a bank will keep more of its reserves
c .a high discount rate means a bank will keep less of its reserves.
d. when the discount rate is high, a bank will lend less from its reserves.

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