Answered

Discover a wealth of knowledge and get your questions answered on IDNLearn.com. Join our platform to receive prompt and accurate responses from experienced professionals in various fields.

which sentence best completes the diagram -
the federal reserve decreases the discount rate

Sagot :

Rahulsharma789888idn

The appropriate answer to the given question is option A bank decreases their bank rate.

What is a federal reserve?

The Federal Reserve is the nation's central bank. The Fed oversees the biggest banks in the country, sets monetary policy, and offers financial support to the federal government of the United States.

 

The complete part of the question is attached in the image below:

The rate at which the Federal Reserve loans to commercial banks is known as the discount rate. Commercial banks, on the other hand, are compelled to alter their pricing in the direction of the discount rate in order to maintain a profit.

Hence option A is correct.

Learn more about the federal reserve:

https://brainly.com/question/17097530

#SPJ1

View image Rahulsharma789888
Your participation means a lot to us. Keep sharing information and solutions. This community grows thanks to the amazing contributions from members like you. Find clear answers at IDNLearn.com. Thanks for stopping by, and come back for more reliable solutions.