The interest rate that banks must pay on money borrowed from Regional Federal Reserve Banks is the A) discount rate. B) inflation rate. C) federal funds rate. D) reserve require…

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Mike The Tike · Answer 1 · 2020-05-23T13:21:10+0000

A. discount rate

The discount rate refers to the interest rate charged to the commercial banks and other financial institutions for the loans they take from the Federal Reserve Bank.

The interest rate that banks must pay on money borrowed from Regional Federal Reserve Banks is the A) discount rate. B) inflation rate. C) federal funds rate. D) reserve require…

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