The Fed Sets the Interest That Borrowers Pay on Loans

question 85

Multiple Choice

The Fed sets the interest that borrowers pay on loans from

• A)the discount window and the term auction facility
• B)the discount window but not the term auction facility
• C)the term auction facility but not the discount window
• D)neither the discount window nor the term auction facility

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Definitions:

Attitude Change

Attitude change involves a shift in a person's feelings, beliefs, or positions regarding an idea, object, or person, often as a result of persuasion, new information, or personal reflection.

Persuasion

The act of influencing someone’s beliefs, attitudes, intentions, motivations, or behaviors through argument, reasoning, or plea.

Behavior

The actions or reactions of a person or animal in response to external or internal stimuli.

Globalization

The process involving the integration and interdependence of national economies, cultures, and populations brought about by cross-border trade in goods and services, technology, and flows of investment, people, and information.