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14 Oct 2019
lowering the discount rate has the effect of:
-
turning required into excess reserves
-
turning excess not required reserves
-
making it less expensive for commercial banks to borrow from central banks
-
forcing commercial banks to call in outstanding loans form their best customers
lowering the discount rate has the effect of:
-
turning required into excess reserves
-
turning excess not required reserves
-
making it less expensive for commercial banks to borrow from central banks
-
forcing commercial banks to call in outstanding loans form their best customers
devsingh077Lv10
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