The ________ Rate Is the Interest Rate at Which Member

question 170

Multiple Choice

The ________ rate is the interest rate at which member banks can borrow money from the Federal Reserve.

• A) lending
• B) selective
• C) open-market
• D) discount

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Definitions:

Nonprofit Organization

An entity that operates for the promotion of a public or social benefit rather than for the profit or gain of its owners or investors.

Buying Objective

The specific goals or intentions that motivate a consumer or organization to make a purchase, such as solving a problem, fulfilling a need, or obtaining value.

Disaster Relief

Assistance provided to individuals, communities, and countries in the aftermath of natural or man-made disasters to help with recovery and rebuilding efforts.

Minority-owned Suppliers

Minority-owned suppliers are businesses that are at least 51% owned and operated by individuals from minority groups.