The discount rate is the rate of interest at which:
A. Federal Reserve Banks lend to commercial banks.
B. savings and loan associations lend to some builders.
C. Federal Reserve Banks lend to large corporations.
D. commercial banks lend to large corporations.
A. Federal Reserve Banks lend to commercial banks.
You might also like to view...
According to this Application, what is home equity?
A) the difference between the value of homes and the amount of mortgage debt on the property B) the value of homes less the value of the property on which the homes are sitting C) the value of homes plus the value of the content in the homes D) the average retail value of homes listed for sale
Suppose the federal budget surplus for the year was $350 billion and the economy was in an economic expansion
If the economy had been at potential GDP, it is estimated that tax revenue would have been $140 billion lower and government spending on transfer payments would have been $50 billion higher. Using these estimates, the cyclically adjusted budget A) deficit was $440 billion. B) deficit was $260 billion. C) surplus was $160 billion. D) surplus was $540 billion.
Universal service means that one company provides service to all consumers, everywhere
a. True b. False Indicate whether the statement is true or false
A government program that pays farmers not to plant corn on part of their land can help farmers not only through the subsidy payments to farmers who participate in the program but also by raising the market price of corn
a. True b. False Indicate whether the statement is true or false