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How does the Federal Reserve prevent runs on banks? a.) b.) c.) d.) By acting as a lender of last resort to member banks By

How does the Federal Reserve prevent runs on banks?

  • a.)
  • b.)
  • c.)
  • d.)

By acting as a lender of last resort to member banks

By guaranteeing people's deposits

It doesn't; banks need to establish good reputations on their own

By printing more money if necessary

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