What is the discount rate?
a. the amount of cash banks must keep on hand at any given time
b. the discount that the fed provides per $100,000 of borrowed money
c. the interest rate the Fed pays on reserves stored in the federal funds market
d. the interest rate charged on reserves borrowed from the Fed’s discount window
d. the interest rate charged on reserves borrowed from the Fed’s discount window
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An increase in investment ________ aggregate demand, the aggregate demand curve shifts ________ and the economy is in the ________ phase of the business cycle
A) increases; leftward; recession B) increases; rightward; recession C) increases; rightward; expansion D) decreases; leftward; recession E) decreases; rightward; expansion
Which of the following would be primarily determined in factor markets? a. The number of computers produced
b. The wage rates for high school teachers. c. The price of automobiles. d. Sales tax revenues.