Primary credit is only a backup source of funds for health banks since
A) the primary credit rate is set above the federal funds rate.
B) restrictions as to its use limit its benefits.
C) the secondary credit rate pays 0.5% more.
D) banks must seek funds from other sources prior to requesting a discount loan.
Correct Answer:
Verified
Q25: In a matched sale-purchase transaction, the Fed
A)buys
Q34: The Fed can implement open market operations
A)more
Q37: A matched sale-purchase transaction is also known
Q38: Dynamic open market operations
A)are aimed at achieving
Q45: The discount window is
A)another name for the
Q46: Discount loans available to health banks which
Q51: Since 1980, discount loans have been available
A)only
Q57: Temporary, short-term discount loans to banks in
Q63: Defensive open market transactions
A) are aimed at
Q69: All of the following statements about secondary
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