The discount rate refers to
A. the rate at which banks write off bad loans.
B. the rate at which assets lose their real value as a result of inflation.
C. the rate at which money loses its value as a result of inflation.
D. the rate of interest that the Fed charges on loans to commercial banks and thrift institutions.
D. the rate of interest that the Fed charges on loans to commercial banks and thrift institutions.
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According to the following information, what is the unemployment rate? (Round to the nearest tenth of a percent.) Number of Employed: 10,000 Number of Unemployed: 500 Not in the Labor Force: 3,000
What will be an ideal response?
Total product begins to fall when:
A. average product is below zero. B. marginal product is maximized. C. marginal product is zero. D. average product is negative.
Discuss the problem of population in developing nations using the rule of 70.
What will be an ideal response?
Stagflation refers to a situation in which the economy is experiencing:
A. high economic growth and high inflation. B. low economic growth and high inflation. C. high economic growth and low inflation. D. low economic growth and low inflation.