When the Fed lowers the discount rate, it makes it
a. cheaper for banks to borrow from each other.
b. cheaper for banks to obtain additional reserves by borrowing from the Fed.
c. more difficult for banks to accept deposits.
d. more difficult for banks to extend loans.
B
Economics
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When tax revenues ________ outlays is positive, then the government has a budget ________
A) plus; deficit B) minus; deficit C) minus; surplus D) plus; surplus E) divided by; surplus
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In the wireless communication industry, firms that provide broadband access to the Internet are best regarded as
A) platforms in a shared-input market. B) end users in a shared-input market. C) platforms in a matchmaking market. D) end users in a matchmaking market.
Economics