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9 January, 19:22

When the fed increases the discount rate, banks:

a. must purchase more government securities.

b. must pay a higher rate when they borrow from the fed.

c. will lower the rate they charge to borrowers.

d. must hold a greater amount of funds in reserve against deposits?

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Answers (1)
  1. 9 January, 23:17
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    d. must hold a greater amount of funds in reserve against deposits?
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