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the interest rate at which commercial bank borrow from the central bank. adjusting this rate influences borrowing and lending in the

Question

The interest rate at which commercial bank borrow from the central bank. Adjusting this rate influences borrowing and lending in the economy. Reserve Requirement Federal Funds Rate Discount Rate Exchange Rate

Solution

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Resposta

The interest rate at which commercial banks borrow from the central bank is known as the Discount Rate. Adjusting this rate influences borrowing and lending in the economy.