The discount rate is the interest rate that

a. banks charge one another for loans.
b. banks charge the Fed for loans.
c. the Fed charges banks for loans.
d. the Fed charges Congress for loans.

c

Economics

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What will be an ideal response?

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The 45-degree line equates the level of income measured on the horizontal axis to the level of consumption plus saving measured on the vertical axis

Indicate whether the statement is true or false

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