Primary credit is only a backup source of funds for health banks since

A) the primary credit rate is set above the federal funds rate.
B) restrictions as to its use limit its benefits.
C) the secondary credit rate pays 0.5% more.
D) banks must seek funds from other sources prior to requesting a discount loan.

A

Economics

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A tax that taxes a larger percentage of an individual's income as their income rises is called a _____

a. proportional tax b. progressive tax c. head tax d. regressive tax

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The above figure shows the payoff to two gasoline stations, A and B, deciding to operate in an isolated town. If firm A chooses its strategy first, then

A) firm A will not enter. B) firm B's entry is blockaded. C) both firms will enter. D) firm A will enter and firm B will not.

Economics