Ask Question
23 November, 08:42

When the fed increases the discount rate, banks:

a. must purchase more government securities.

b. must pay a higher rate when they borrow from the fed.

c. will lower the rate they charge to borrowers.

d. must hold a greater amount of funds in reserve against deposits?

+2
Answers (1)
  1. 23 November, 12:08
    0
    d. must hold a greater amount of funds in reserve against deposits?
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “When the fed increases the discount rate, banks: a. must purchase more government securities. b. must pay a higher rate when they borrow ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers