During financial crisis, BSP buys bonds in the commercial banks to increase money supply.  True False When the rediscount rate rises, this gives more opportunity for the commercial banks or universal banks to borrow money from the BSP.  True False

ECON MACRO
5th Edition
ISBN:9781337000529
Author:William A. McEachern
Publisher:William A. McEachern
Chapter13: Money And The Financial System
Section: Chapter Questions
Problem 2.8P
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During financial crisis, BSP buys bonds in the commercial banks to increase money supply. 
True
False
When the rediscount rate rises, this gives more opportunity for the commercial banks or universal banks to borrow money from the BSP. 
True
False
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