passpadi

2010

Economics

67e856d33cf20db308447ec1

The discount rate is the interest:

A.

rate at which the Central Bank of Nigeria lends in the Nigeria Government

B.

yield on long-term government bonds

C.

rate at which commercial banks lend to the public

D.

rate at which the Central Banks of Nigeria lend to commercial banks.

Correct Answer: rate at which the Central Banks of Nigeria lend to commercial banks.

Explanation

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