The interest rate that the Fed charges banks for loans to them through the traditional channel is called
A) the discount rate.
B) interest on reserves.
C) the federal funds rate.
D) the prime rate.
Correct Answer:
Verified
Q238: Q239: If bond prices decrease, then the Q240: When the interest rate falls, the Q241: The Federal Reserve alters the amount of Q242: The fundamental objective of monetary policy is Q244: In a repo transaction (or repurchase agreement), Q245: If the Fed sells government securities to Q246: A money loan is said to be Q247: If the Fed buys government securities from Q248: ![]()
A) interest
A) asset
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents