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Business, 28.12.2019 03:31 SMILEDOG

If the discount rate is lowered, banks borrow:
a. less from the fed so reserves decrease.
b. more from the fed so reserves decrease.
c. less from the fed so reserves increase.
d. more from the fed so reserves increase.

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Answers: 3

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If the discount rate is lowered, banks borrow:
a. less from the fed so reserves decrease.
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