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Why would banks need to borrow directly from the Fed? a.)To meet the reserve requirement b.)To increase the interest rate they can charge to lenders

Why would banks need to borrow directly from the Fed?

  • a.)To meet the reserve requirement
  • b.)To increase the interest rate they can charge to lenders
  • c.)To purchase Federal Treasury bonds on the open market
  • d.)To meet monthly deposit target goals

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