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01 Dec 2023, 02:30
Kudos
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C
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
75%
(hard)
Question Stats:
51% (02:00) correct
49%
(01:54)
wrong
based on 282
sessions
History
Date
Time
Result
Not Attempted Yet
So that banks can continue to make loans to their customers, the Federal Reserve Bank has made discount loans available to the banks with a slightly lower interest rate than typical emergency loans.
(A) their customers, the Federal Reserve Bank has made discount loans available to the banks with a slightly lower interest rate than typical emergency loans
(B) their customers, the Federal Reserve Bank has made discount loans available that are slightly lower to the banks than the interest rates available with typical emergency loans
(C) their customers, the Federal Reserve Bank has made available to the banks discount loans that have interest rates that are slightly lower than typical emergency loan rates
(D) customers, the Federal Reserve Bank made discount loans available to the banks with interest rates that are slightly lower than typical emergency loans
(E) customers, the Federal Reserve Bank has made available to the banks discount loans with interest rates that are slightly lower than typical emergency loans
(A) their customers, the Federal Reserve Bank has made discount loans available to the banks with a slightly lower interest rate than typical emergency loans
(B) their customers, the Federal Reserve Bank has made discount loans available that are slightly lower to the banks than the interest rates available with typical emergency loans
(C) their customers, the Federal Reserve Bank has made available to the banks discount loans that have interest rates that are slightly lower than typical emergency loan rates
(D) customers, the Federal Reserve Bank made discount loans available to the banks with interest rates that are slightly lower than typical emergency loans
(E) customers, the Federal Reserve Bank has made available to the banks discount loans with interest rates that are slightly lower than typical emergency loans
02 Dec 2023, 12:55
Kudos
Bookmarks
Hi,
Could I get an explanation for the right answer please?
I chose D) instead of C) and I would like to know where I went wrong..
Thanks!
Could I get an explanation for the right answer please?
I chose D) instead of C) and I would like to know where I went wrong..
Thanks!
04 Dec 2023, 06:58
Kudos
Bookmarks
Interest rates in discount loans must be compared with interest rates of emergency loans and not directly with the EMERGENCY LOANS.
This simply eliminates answer choices A,B,D and E.
C is the correct answer.
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This simply eliminates answer choices A,B,D and E.
C is the correct answer.
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