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What term is used to describe the interest rate charged by the central bank when it makes loans to commercial banks? a) discount rate b)

What term is used to describe the interest rate charged by the central bank when it makes loans to commercial banks? a) discount rate b) open market rate c) Fed rate d) reserve requirementThe central bank uses a ____________________ monetary policy to offset business related economic contractions and expansions? a) laissez faire b) loose c) contractionary d) countercyclical

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