The discount rate is the interest rate
A) banks pay on certificates of deposit.
B) the Fed pays on reserves held by banks.
C) the Fed charges when it lends reserves to banks.
D) banks charge their loan customers.
E) on short-term Treasury securities.
C
Economics
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a. True b. False Indicate whether the statement is true or false
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a. positive b. negative c. direct d. independent
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