Question

What is the discount rate?
A.
The interest rate that member banks charge customers to borrow money
B.
The rate at which customers are allowed to request loans
C.
The rate at which banks are permitted to lend money to their customers
D.
The interest rate that the Fed charges member banks to borrow money from the Fed

Answer 1

@AshtynThatDrummerGirl

Answer 2

Well it's the interest rate set by the Rederal Reserve for lending to other banks, so I would say D. The interest rate that the Fed charges member banks to borrow money from the Fed