71.0k views
1 vote
How does the Fed encourage banks to loan more money?

by reducing the discount rate
by increasing the interest rate allowed
by borrowing from their own member banks
by increasing the reserved required of banks

User VBA Pete
by
8.3k points

1 Answer

3 votes

Answer: A) by reducing the discount rate

Step-by-step explanation: took the quiz :)

User Frankadelic
by
7.9k points