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.
Evidence provided through a short personal story
Answer:The government is responsible for making decisions about how the country is run, including setting a policy agenda, proposing new laws and putting laws into action. The government plays an important role in shaping our society and making sure that Australians have the services and safeguards we need. Governments provide the parameters for everyday behavior for citizens, protect them from outside interference, and often provide for their well-being and happiness. In the last few centuries, some economists and thinkers have advocated government control over some aspects of the economy.
Answer:
issued the Declaration of Independence
Explanation:
