What happens when a country's central bank raises the discount rate for
banks?
A. Banks are r...
Social Studies, 13.10.2020 18:01 jacobd578
What happens when a country's central bank raises the discount rate for
banks?
A. Banks are required to sell all their treasury securities on the open
market.
B. Banks must pay the government interest on all cash they keep on
hand.
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C. Banks are forced to set aside more of their money instead of
lending it.
D. Banks must pay more for short-term loans from the government.
Answers: 2
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