The benefits of using last-resort lending to prevent bank panics are straightforward. What are the costs?
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The benefits of using last-resort lending to prevent bank panics are straightforward. What are the costs?
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The costs are that banks that deserve to go o...View the full answer
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Related Book For 
The Economics of Money Banking and Financial Markets
ISBN: 978-0321785701
5th Canadian edition
Authors: Frederic S. Mishkin, Apostolos Serletis
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