Resources that are privately owned are less likely to be depleted than resources that are not privately owned

The discount rate refers to the interest rate on

A) primary credit. B) secondary credit. C) seasonal credit. D) federal funds.

The quantity of reserves supplied increases as interest rates rise because

a. the Treasury borrows more at higher interest rates. b. consumers don't want to borrow as much so more money is left in banks. c. as interest rates rise, banks fear losses so they decrease lending. d. banks find it more profitable to loan out excess reserves to other banks.