What policy tool of the Federal Reserve relies on bank borrowing to be effective?
A. Open-market operations
B. Check collection
C. The reserve ratio
D. The discount rate
D. The discount rate
Economics
You might also like to view...
"Loss" is another word for
A) profit. B) negative profit. C) cost. D) exploitation.
Economics
A monopolist maximizes its profit by producing the amount of output that sets
A) total revenue equals total cost. B) marginal revenue equals marginal cost. C) marginal revenue equals zero. D) price equals marginal cost.
Economics