The discount rate is the interest rate
A) paid on time deposits.
B) paid on funds banks borrow from other banks.
C) paid on funds that depository institutions borrow from the Federal Reserve.
D) that banks charge their "best" customers.
C
You might also like to view...
The figure above shows how the sales of the video game "Tomb Raider—Lara Retires" change when the advertising spent on the game changes
Is the relationship between advertising and the number of games sold positive, negative, or neither? Explain your answer.
The typical shape of an isoquant is
A) linear and upward sloping. B) convex towards the origin. C) concave towards the origin. D) linear and downward sloping.
Suppose the price elasticity of demand for iPods is inelastic. What would you expect about the demand elasticity for workers producing iPods? Explain
What will be an ideal response?
Economists study the link between money and inflation because:
A. they want to understand how to keep inflation low and stable. B. the Fed needs to increase the money supply as prices increase. C. as prices increase money becomes more valuable. D. economists believe that inflation in the 3-6% range is healthy for an economy.