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Serggg [28]
3 years ago
10

What is one example of service that a bank or credit offers

Business
1 answer:
Anna007 [38]3 years ago
5 0

a credit unionis a financial institution that is owned and controlled by its members rather than shareholders. The members of the credit union pool their deposits and provide loans and other financial services to each other.


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Suppose some banks decide to increase their holdings of excess reserves relative to deposits. Ceteris paribus, this action will
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The action of the bank will put decreased pressure on the money supply, and to reduce the impact of this action, the Fed could decrease the discount rate.

Basically, a decrease in discount rate will make it easy and cheaper for commercial banks to borrow money from Federal Reserve System and thus, results to increase in available credit and lending in the economy

Therefore, if the commercial banks decide to increase their holdings of excess reserves supposed to be remitted to Feds, then, this will put <u>decreased</u> pressure on the money supply, and the Fed would act by <u>decreasing</u> the discount rate.

Read more about this here

<em>brainly.com/question/20023706</em>

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The correct answer is number "3": Create a new Support Process.

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Explanation:

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T/F Some insurance usually has a higher price for younger people because younger people have more accident
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The answer to this question is true 
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