The Discount Rate Is

question 62

Multiple Choice

The discount rate is

• A)the interest rate charged commercial banks for loans from a Federal Reserve bank
• B)the rate or percent of deposits which banks are required to hold on reserve
• C)the rate of interest paid on government bonds
• D)the charge for cashing a check at a Federal Reserve bank
• E)the interest rate charged to commercial banks for loans from other commercial banks

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Definitions:

Negligence Per Se

A legal doctrine where an act is considered negligent because it violates a statute or regulation that is designed to protect the public.

Sunday Closing Law

Laws designed to restrict or ban commercial activities on Sundays, historically rooted in religious observance and resting practices.

Public Decency

Standards of behavior considered acceptable by society, often legally enforced to maintain public order and morals.

Proximate Cause

A legal concept that refers to the primary cause of an injury or damage, determining liability based on the directness of the relationship between the action and the harm.