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The discount rate is interest rate the Central Bank charges on loans it makes to Commercial banks. If the discount rate is raised, banks choose

The discount rate is interest rate the Central Bank charges on loans it makes to Commercial banks. If the discount rate is raised, banks choose to borrow Question 13 options: less from the central bank so reserves decrease. more from the central bank so reserves increase. less from the central bank so reserves increase. more from the central bank so reserves decrease

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