One of the reasons primary credit exists is to: ?
A) bail out banks which are in financial trouble.?
B) provide additional reserves when the open market staff's forecasts are off.?
C) provide banks with an available source for unsecured lending.?
D) provide banks with a low interest source for long-term capital.
Correct Answer:
Verified
Q20: The conventional tools of monetary policy include: ?
A) the
Q21: The Fed will make a discount loan
Q22: The types of loans the Fed makes
Q23: Discount lending by the Fed: ?
A) is the key
Q24: The interest on excess reserves is: ?
A) the
Q26: An increase in the federal funds rate
Q27: The interest rate on primary credit extended
Q28: Primary credit extended by the Fed is: ?
A) for
Q29: The daily reserve supply curve is: ?
A) upward sloping.?
B) downward
Q30: The fact that, for most of its
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