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Part $1$

The Eurosystem is different from the United States but similar to$$ Canada, Australia, and New Zealand in that$$ it:

Part $2$

A$.$

pays banks a fixed interest rate on$$ deposits, providing a floor for the overnight market interest rate

B$.$

pays banks a fixed interest rate on$$ deposits, providing a ceiling for the overnight market interest rate

C$.$

charges banks a fixed interest rate on$$ loans, providing a ceiling for the overnight market interest rate

D$.$

charges banks a fixed interest rate on$$ loans, providing a floor for the overnight market interest rate