Which of the following statements is correct?
A) The discount rate is generally above the federal funds rate.
B) The discount rate is generally below the federal funds rate.
C) The discount rate is generally equal to the federal funds rate.
D) There is no general pattern to the relation between the discount rate and the federal funds rate.
Correct Answer:
Verified
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Q51: Since 1980, discount loans have been available
A)only
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A)is the most frequently used of
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