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Only financial institutions can borrow from the Fed. Question 10 options: True False

Only financial institutions can borrow from the Fed. Question 10 options: True False
asked 127k views
3 votes
Only financial institutions can borrow from the Fed.

Question 10 options:
True
False

asked
User Jimmy Collazos
by
7.5k points

1 Answer

5 votes

Answer:

True

Step-by-step explanation:

The Fed makes overnight loans to comercial banks which loan to general public.

answered
User Oren Kishon
by
8.7k points
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