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The main reason the Federal Reserve System was created was for the FED to help in avoiding bank failures. For this, the FED is known

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The main reason the Federal Reserve System was created was for the FED to help in avoiding bank failures. For this, the FED is known as: Lender of last resort standing lender of lost causes Federal Savior Bank or FSB for short Standard Reserve Lender Question 25 (4 points) Dynamic open market operations are intended to change the level of reserves. True False

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