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Posted on Jun 12, 2024

The discount rate is the interest rate charged by: a. the Fed on loans of reserves to banks. b. major banks to their best customers.

The discount rate is the interest rate charged by:

the Fed on loans of reserves to banks. b.

major banks to their best customers. c.

banks for loans of less than 24 hours. d.

banks for overnight loans to other banks.

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