When the Federal Reserve makes a loan to a bank at the discount window,
A. the Fed requires that the loan be repaid the next day.
B. the interest rate charged by the Fed is equal to the federal funds rate.
C. the loan is backed by collateral.
D. the Fed requires the bank to buy additional deposit insurance.
Answer: C
You might also like to view...
It is important to surround ourselves with the right people if:
a. we know ourselves and we know what we are striving towards b. we know what we are striving towards c. we know what we believe in and what we are striving towards d. we know what we believe in, what we are striving towards, and know ourselves
The Sarbanes-Oxley Act of 2002 gives those who report corporate misconduct sweeping new legal protection.
Answer the following statement true (T) or false (F)
The TIA is a nonprofit organization accredited by the American National Standards Institute (ANSI) to develop voluntary industry standards for a wide variety of telecommunications products
Indicate whether the statement is true or false
The availability of substitutes plays a role in determining the bargaining power of suppliersfor industrial clients
Indicate whether the statement is true or false