While the discount rate is "established" by the regional Federal Reserve Banks, in truth, the rate is determined by
A) Congress.
B) the president of the United States.
C) the Senate.
D) the Board of Governors.
Answer: D
While the discount rate is "established" by the regional Federal Reserve Banks, in truth, the rate is determined by
A) Congress.
B) the president of the United States.
C) the Senate.
D) the Board of Governors.
Answer: D