The Fed Sets the Interest That Borrowers Pay on Loans

question 85

Multiple Choice

The Fed sets the interest that borrowers pay on loans from

• A)the discount window and 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)neither the discount window nor the term auction facility

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Definitions:

Recognized Class

A social or economic group that is acknowledged and identified by society or by certain legal or political systems for specific purposes.

Interracial Sexual Relations

Romantic or sexual relationships between individuals of different racial backgrounds.

Antebellum South

The region and culture of the Southern United States in the period before the Civil War, marked by agricultural economy and slavery.

Planters

Wealthy landowners in agricultural economies who owned and controlled large plantations and the labor, often enslaved, that worked them.