Required information Federal Reserve This short video describes what the Federal Reserve is, and how its activities help to regulate the economy. Click the button to watch the video. Then, answer the questions that follow. ATM K 100000 $$ ong Which of the following describes the term discount rate? interest rate charged to commercial banks for loans received from the Federal Reserve total deduction off the principal of a loan when refinancing required amount of reserves a bank must have on hand at all times limited-time discount on loan interest low interest rate on a loan used to boost economic activity