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What term is used to describe the interest rate charged by the central bank when it makes loans to commercial banks?a) discount rateb) open market ratec) reserve requirementd) F…

What term is used to describe the interest rate charged by the central bank when it makes loans to commercial banks?a) discount rateb) open market ratec) reserve requirementd) F…
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What term is used to describe the interest rate charged by the central bank when it makes loans to commercial banks?a) discount rateb) open market ratec) reserve requirementd) Fed rate

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User Richard Close
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1 Answer

2 votes

Answer:

a) discount rate

Step-by-step explanation:

Discount rate is rhe rate charged by fed to lend to commercial banks.

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User NoMoreZealots
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