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DRHS GA-GSE Personal Finance and Economics
Unit Test — Unit test
Question 4
4
Quiz
Multiple Choice
Unit Test — Unit test
Question 4 • DRHS GA-GSE Personal Finance and Economics
Why does the Fed pay interest to banks?
Answer
A
It is interest on money held in reserve.
B
It is interest on credit available to the Fed.
C
It is interest on loans taken by the Fed.
D
It is interest on government investments.
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