QUESTION IMAGE
Question
the ______ is the interest rate banks pay when they borrow funds from the fed.
answer
federal funds rate
discount rate
unemployment rate
trough
i dont know yet
Brief Explanations
To solve this, we recall key economic terms: The discount rate is the interest rate banks pay when borrowing from the Fed. The federal funds rate is between banks, unemployment rate is about jobs, trough is a business cycle phase, and "I DON'T KNOW YET" is not a term. So the correct term is discount rate.
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discount rate