In Practice, Discount Lending Is Used

question 31

Multiple Choice

In practice, discount lending is used

• A) to ease a financial panic.
• B) to control the money supply.
• C) to set a minimum for the federal funds rate.
• D) all of the above.

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Definitions:

Howard Gardner

An American developmental psychologist best known for his theory of multiple intelligences, which suggests that there are several types of intelligence that are distinct from each other.

Alfred Binet

A French psychologist best known for his role in developing the first intelligence tests in the early 20th century.

Multiple Intelligences

A theory proposing that individuals have a variety of distinct forms of intelligence that reflect different ways of interacting with the world.

Independent Abilities

Skills or capacities that a person can perform without relying on other abilities or skills.