The interest rate the Federal Reserve charges banks which borrow reserves at the Federal Reserve's discount window is called the:
A) federal funds rate.
B) discount rate.
C) prime interest rate.
D) mortgage interest rate.
Correct Answer:
Verified
Q19: Deposits held by commercial banks are insured
Q20: The money supply consists of:
A)currency plus reserves.
B)currency
Q21: Open market sale of government securities results
Q22: The currency deposit ratio,c,is 0.10.The reserve requirement,rr,is
Q23: The central bank of the United States
Q25: The private financial market where banks borrow
Q26: A goal of expansionary monetary policy is
Q27: Contractionary monetary policy is achieved by:
A)decreasing the
Q28: The interest rate that banks charge on
Q29: An increase in the discount rate would:
A)decrease
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