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The discount rate is the interest rate charged by:_______. a. banks for overnight loans to other banks. b. the Fed on loans of reserves to banks. c. major banks to their best customers. d. banks for loans
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21 votes
21 votes
The discount rate is the interest rate charged by:_______.

a. banks for overnight loans to other banks.
b. the Fed on loans of reserves to banks.
c. major banks to their best customers.
d. banks for loans of less than 24 hours.

User ArtiomLK
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1 Answer

18 votes
18 votes

Answer:

B

Step-by-step explanation:

I believe it is the interest rate the federal reserve uses for loaning to banks. Its the minimal rate, also.

User Williamg
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3.2k points
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