Currently, in the United States, you can expect the discount rate to be

Question

Quizplus · Accepted Answer

The discount rate is the rate at which banks can borrow money from the Federal Reserve. It is adjusted to follow market rates of interest and is used to stimulate or slow down the economy based on the needs of the Federal Reserve. It is not fixed at the bank rate and is not necessarily raised during periods of recession. It is also not typically used often to change the money supply. Therefore, the best choice is D.

Currently, in the United States, You Can Expect the Discount