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10 February, 19:39

Projecting that it might temporarily fall short of legally required reserves in the coming days, the Bank of Beano decides to borrow money from its regional Federal Reserve Bank. The interest rate on the loan is called the:

A. prime rate.

B. federal funds rate.

C. Treasury bill rate.

D. discount rate.

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Answers (1)
  1. 10 February, 21:31
    0
    The answer is D discount rate
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