When Banks Borrow Directly from the Fed,the Interest Rate on Those

question 2

Multiple Choice

When banks borrow directly from the Fed,the interest rate on those loans is the:

• A) prime rate.
• B) discount rate.
• C) Federal Funds rate.
• D) required reserve rate.

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Definitions:

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Hardware components used to enter data and instructions into a computer system, such as keyboards, mice, and scanners.