What is the lender of last resort?

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Principles Of Economics

ISBN: 9781506699868

2nd Edition

Authors: OpenStax

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Question Posted: Nov 01, 2023 03:09 AM

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What is the lender of last resort?

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The lender of last resort is a role typically performed by a central bank or a similar financial institution in a country Its primary purpose is to pr...View the full answer

Principles Of Economics

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