While the Discount Rate Is "Established" by the Regional Federal

question 6

Multiple Choice

While the discount rate is "established" by the regional Federal Reserve Banks,in truth,the rate is determined by

• A)Congress.
• B)the president of the United States.
• C)the Senate.
• D)the Board of Governors.

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Definitions:

Fraction

A mathematical expression representing the division of one integer by another.

Equals

Signifies mathematical equality; used to denote that two values are the same.

Product

The result obtained from multiplying two or more numbers together.

Subtract

A mathematical operation that involves taking one number away from another to find the difference.