Answer:
Banks can borrow from the federal reserve system at discount rate.
Explanation:
The fed provides the fund for banks to increase their reserves through open market operations. The fed purchases government securities or bonds to increase reserves with banks.
If a bank is not able to borrow funds for its reserves from the Fed funds market, then, in that case, it can borrow from the federal reserve system at a discount window.
The rate at which it has pay back this loan is called the discount rate. This rate is used as a tool by the feds to control the money supply. The discount rate serves as a tool for monetary policy.
True, because if it comes from an unreliable place then it's not gonna help
What's the question you're trying to ask?
Answer:
Daniel Chirot is a Sociologist and Professor of International Studies at the University of Washington, Seattle.
He argued that the recent worldwide increase in ethnic hostilities is a consequence of retribalization.
His context of retribalization means the tendency for groups to seek meaning and belongin in an ethnic group. There are macro and micro explanations for terrorism.
Answer:
Many Republicans were angry because they wanted protection for the freed slaves. Confederates had returned to power in several states and those leaders wanted to deny them their rights as free people.
Explanation:
At the beginning, many Northerners believed Johnson's plan deserved a chance to succeed. However, the way the southern states were doing, they turned most of the North against the policy. The new legislatures passed the Black Codes which limited the former slaves' legal rights and economic options.