Which of the following is true about the discount rate?(1 point)
Responses
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.
A higher rate can hinder lending.
A higher rate can lead to an economic stimulus in the economy.