Question: 1 7 . Identify the accurate statement or statements below pertaining to the 1 7 . _ _ _ _ Discount Rate ( Primary Credit

17. Identify the accurate statement or statements below pertaining to the 17.____
Discount Rate (Primary Credit).
A) traditionally there has been a stigma associated with banks accessing the Discount
Rate as they are perceived to be relatively weak financially
B) the Discount Rate is not typically used as a monetary policy tool
C) the Discount Rate involves secured lending (banks have to pledge collateral)
D) terms of lending up to 90 days are available
E) all of the above are accurate statements
F) only B, C, and D above represent accurate statements

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