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The discount rate is: a.the interest rate banks charge other banks for loans. b. the interest rate the Federal Reserve charges for loans to commercial banks. c. the percentage amount that the Federal Reserve discounts when it buys government securities. d. a tool of fiscal policy.
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The discount rate is: the interest rate the Federal Reserve charges for loans to commercial banks.
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Asked 1/22/2014 2:29:36 PM
Updated 3/12/2016 10:52:01 AM
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The discount rate is: the interest rate the Federal Reserve charges for loans to commercial banks.
Added 3/12/2016 10:52:01 AM
This answer has been confirmed as correct and helpful.
Confirmed by yumdrea [3/12/2016 10:57:59 AM]
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