Question about discount rate

Reference no: EM1371029

Determine what would happen to GDP if a significant number of house spouses who were previously stay home to care for their children began taking jobs and placing their children in day care? Would the nation's "well being" necessarily be better off?

Is the following statement true or false: "The 'Discount Rate' used by the Fed is the prime rate financial institutions will use when making "home loans". Why?

Reference no: EM1371029

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