Which of the following is true about the discount rate?(1 point) Responses A higher rate can lead to an economic stimulus in the economy. A higher rate can lead to an economic stimulus in the economy. A lower rate can decrease the amount of money banks can borrow. A lower rate can decrease the amount of money banks can borrow. A lower rate can effectively decrease the money supply. A lower rate can effectively decrease the money supply. A higher rate can hinder lending.
1 answer
A higher rate can hinder lending.
1 answer