The Federal Reserve System's Board of Governors sets discount rates at a higher level

The Federal Reserve System's Board of Governors sets discount rates at a higher level










A) to assist incumbent presidents near election time.

B) thus lowering the cost of money and stimulating borrowing.

C) to combat high unemployment.

D) to increase the amount of money in circulation.

E) to decrease the amount of money in circulation.











Answer: E


AP Government

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