ajfijeoinf2650 ajfijeoinf2650
  • 02-04-2019
  • Business
contestada

Commercial banks can borrow reserves directly from the fed at the

Respuesta :

MrsSeifried MrsSeifried
  • 06-04-2019

The correct answer is discount rate.

The discount rate is the interest rate that the member banks pay the US Federal Reserve to borrow money. Member banks often borrow money from them because they are required to maintain a minimum reserve amount. If they do not have the minimum reserve they borrow from the fed in order to achieve it.

Answer Link

Otras preguntas

what is the function of the smooth endoplasmic reticulum
Which of the following is a goal of paraphrasing and summarizing?
How do you rate virgil's performance as guide in this canto?
Max worked 13 hours last week at the grocery store and earned $94.25. If he only worked 5 hours this week, how much money did he earn.
If a treatment suddenly lowered your serotonin level ___
How would a nurse test a patient's superficial reflex?
What impact did european exploration have on the native american population?
Which location on Earth is the crust the thickest?
Rick bought 5 yogurt bars at the snack shop. Each yogurt bar cost $1.75 . Complete the table please!
part of a sauce recipe is shown. If all the ingredients are mixed together, how much sauce will be made