Which of the Following Can Banks Use to Borrow from the Federal

question 109

Multiple Choice

Which of the following can banks use to borrow from the Federal Reserve?

• A)the discount window or the term auction facility
• B)the discount window but not the term auction facility
• C)the term auction facility but not the discount window
• D)Banks cannot borrow from the Federal Reserve,only the government can.

---

Definitions:

Multinational Corporations

Large companies that operate in several countries around the world, often having a centralized head office where they coordinate global management.

Labour-intensive Jobs

Jobs that require a high level of human labor to produce goods or services, as opposed to automation or machinery.

Ethnocentrism

The belief in the inherent superiority of one's own ethnic group or culture, often accompanied by a tendency to view other cultures from the perspective of one's own.

Globalization Gap

What occurs when large multinational corporations and industrialized nations gain disproportionately from the benefits of globalization.