Question: In January 2 0 0 3 , the Fed implemented changes to its discount window lending that decreased the cost of borrowing but tightened the

In January 2003, the Fed implemented changes to its discount window lending that decreased the cost of borrowing but
tightened the terms. With the change, discount window loans to healthy banks would be priced at 1 percent below the
fed funds rate rather than above as it generally was in the period preficeding January 2003.
True
False
In January 2003, the Fed implemented changes to its discount window

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