Raising the reserve requirement results in what? What happens when they lower the reserve requirement? Why is the Federal Reserve called "the banker's bank"? Define discount rate. Spread refers to what? Does the Federal Reserve System set rules on credit? What is this power called? Selective credit includes __________________________________________. What does consumer credit establish? Margin requirements specify what? Federal Reserve distributes _____________________________________________. How does the Federal Reserve process and clear checks? What is the time between when a check is written and the funds are deducted called? By "playing the float", what can businesses do? Why did the Fed's intervene in the 2007-2009 financial crisis? What did the Fed's do? Result of the financial meltdown