The Discount Rate Is

question 74

Multiple Choice

The discount rate is

• A)the interest rate the Fed charges banks.
• B)one divided by the difference between one and the reserve ratio.
• C)the interest rate banks receive on reserve deposits with the Fed.
• D)the interest rate that banks charge on overnight loans to other banks.

---

Definitions:

Stretch

To extend one’s body or limbs to their full length in a way that feels good and improves flexibility.

Exercise Routine

A specific regimen of physical activities designed to achieve fitness or health goals.

Fourth Amendment

Part of the Bill of Rights, it protects individuals against unreasonable searches and seizures by the government.

Standing

The legal requirement that anyone seeking to challenge a particular action in court must demonstrate that such action substantially affects his or her legitimate interests before he or she will be entitled to bring suit.