- Control of Growth & Development. Hormones are chemical messengers produced by glands in the endocrine system. Endocrine tissues are specialised to produce such hormones, which have genes switched on according the the hormones they were designed to produce.
There are actually three rates in the U.S. that drive virtually everything else, from bond returns to credit card interest rates. Of these, the Federal Reserve actually controls only two (the Federal Funds Rate and the Discount Rate). The third rate, called the Prime Rate, is the rate that most people falsely believe the Fed changes. In truth, this is the one rate the Fed has no direct control over.
An increase in the discount rate. c. Purchases of bonds in open market operations. d. Lower taxes on interest income. ____ 22. When the Fed conducts open market operations, it buys and sells: a. Stocks traded on the New York Stock Exchange b. government bonds c. foreign currency d. gold. ____ 23. When the Fed wishes to reduce the economy's money supply, it: a. lowers the discount rate.