ECON 100 (ECON 100)
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ECON 100_ SOPHIA_PATHWAY__MACROECONOMICS_Milestone_3
- Exam (elaborations) • 9 pages • 2021
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ECON 100_ SOPHIA_PATHWAY__MACROECONOMICS_Milestone_3 
Which of the following statements applies to the discount rate? 
• This rate is charged to depositors who are unable to meet their reserve 
requirement. 
• The fed funds rate is the same as this rate. 
• This rate is used when banks borrow directly from the Fed. 
• The Fed does not directly control this rate. 
CONCEPT 
Discount Rate 
2 
A(n) __________ is a system where banks in the United States eventually figured 
out that they coul...
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