Social Studies, 09.09.2020 01:01, AeelynRamos
How does the Federal Reserve influence the interest rate banks charge when
lending money?
A. By shutting down banks that charge customers high interest rates
B. By increasing taxes on banks that ignore federal interest rate
guidelines
C. By establishing more federal banks to compete with private banks
D. By adjusting the interest rate banks receive on their cash reserves
Answers: 1
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How does the Federal Reserve influence the interest rate banks charge when
lending money?
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