Unable to borrow from other banks university bank is forced


Unable to borrow from other banks, University Bank is forced to turn to the Federal Reserve for needed funds. What is the interest rate the Federal Reserve will charge University Bank called?

A. open market operations
B. required reserve ration
C. federal funds rate
D. discount rate
E. simple money multiplier

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Macroeconomics: Unable to borrow from other banks university bank is forced
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