Which statement is true about the federal reserve discount rate
Asked by maham237 @ in History viewed by 340 People
bout the Federal Reserve discount rate? A. It influences bank behavior in order to control the money supply.
B. A low discount rate means a bank will keep more of its reserves
C .A high discount rate means a bank will keep less of its reserves.
D. When the discount rate is high, a bank will lend less from its reserves.