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Naily [24]
3 years ago
7

The interest rate that banks must pay on money borrowed from Regional Federal Reserve Banks is the A) discount rate. B) inflatio

n rate. C) federal funds rate. D) reserve requirement.
Social Studies
1 answer:
Firlakuza [10]3 years ago
6 0
A. discount rate

The discount rate refers to the interest rate charged to the commercial banks and other financial institutions for the loans they take from the Federal Reserve Bank.
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