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What is the discount rate? the rate customers of savings banks get for borrowing money a special rate that member banks of the federal reserve get for their financial operations…

What is the discount rate? the rate customers of savings banks get for borrowing money a special rate that member banks of the federal reserve get for their financial operations…
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22 votes
What is the discount rate?

the rate customers of savings banks get for borrowing money



a special rate that member banks of the federal reserve get for their financial operations



the amount that a bank must subtract for its reserves



the rate the fed charges for loans to commercial banks

asked
User Sootsnoot
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1 Answer

7 votes

Answer: The rate the Fed charges for loans to commercial banks

Explanation: For Gradpoint users. Good luck, you got this :)

answered
User DonSaada
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