KatiesTomato4006 KatiesTomato4006
  • 05-11-2019
  • English
contestada

Why is the fed often referred to as a ""lender of last resort

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Аноним Аноним
  • 05-11-2019

Answer / Explanation:

It lends consumers money when other banks will not. It keeps all failing banks afloat to avoid economic disruption. It helps finance and stabilize central banks internationally.

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Cutiepaint Cutiepaint
  • 28-04-2020

Answer:

It offers banks financial protection to keep consumers from panicking

Explanation:

On Edge

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