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What term is used to describe the interest rate charged by the central bank when it makes loans to commercial banks?a) discount rateb) open market ratec) reserve requirementd) Fed rate
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What term is used to describe the interest rate charged by the central bank when it makes loans to commercial banks?a) discount rateb) open market ratec) reserve requirementd) Fed rate

User Richard Close
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Answer:

a) discount rate

Step-by-step explanation:

Discount rate is rhe rate charged by fed to lend to commercial banks.

User NoMoreZealots
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