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Home Q & A Board Other Fields Homework Help Business Economics
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Loraine Loraine
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9 years ago
If the Fed increases the discount rate,
A) commercial banks pay a higher interest rate if they borrow from the Fed.
B) commercial banks pay a lower interest rate if they borrow from the Fed.
C) commercial banks' assets increase.
D) commercial banks find it more profitable to increase their loans to businesses.
E) commercial banks increase their lending to the Fed.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SmooothSmoooth
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9 years ago
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9 years ago
No problemo Happy Dummy
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