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How does the Fed encourage banks to loan more money? by reducing the discount rate by increasing the interest rate allowed by borrowing from their own member banks by increasing…

How does the Fed encourage banks to loan more money? by reducing the discount rate by increasing the interest rate allowed by borrowing from their own member banks by increasing…
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1 vote
How does the Fed encourage banks to loan more money?

by reducing the discount rate
by increasing the interest rate allowed
by borrowing from their own member banks
by increasing the reserved required of banks

asked
User VBA Pete
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7.8k points

1 Answer

3 votes

Answer: A) by reducing the discount rate

Step-by-step explanation: took the quiz :)

answered
User Frankadelic
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7.8k points
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