Discover answers to your most pressing questions at Westonci.ca, the ultimate Q&A platform that connects you with expert solutions. Connect with a community of experts ready to provide precise solutions to your questions quickly and accurately. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.

Suppose the Fed wants to expand the money supply. The banking system has $90 million in deposits and the current discount rate is 5 ¾ percent. To expand the money supply, the Fed would set the discount rate to _____ percent.