<span>The most threating conflict between hindus and Muslims is the rovince of Kashmir. This is where the decision to divide India into India and Pakistan seems to have been a terrible mistake. Kashmir, which is the only Muslim majority city in India, lies between the divided India and Pakistan. j</span>
Ok I will lol free points btw
nullification rather than support secession
Answer:
The correct option is A: Banks decrease their prime rate.
Explanation:
When the government through the Federal Reserve ups the discount rate, other rates tend to follow in the same direction. The reverse is also true.
The discount rate is the rate at which the Federal Reserve lends to Commercial Banks. Commercial banks on the other hand, in order to keep the profit, are forced to adjust their prices in the direction of the discount rate.
The prime rate is the rate at which commercial banks lend to their customers who have very good credit ratings.
The discount rate in economics is one of the monetary policy tools available for use by the government. It is used to adjust factors such as money supply and inflation.
Cheers
