When a bank has short-term liabilities that are greater than its short-term assets, but overall its assets are greater than its liabilities, the bank is considered: a. liquid and solvent O b. illiquid but solvent. O c. liquid but insolvent. d. illiquid and insolvent. The Lender of Last Resort relies on which role of the FED? O a. allows the FED to help financial intermediaries during financial crisis b. Buying and selling bonds to manipulate money supply c. Buying only long-term bonds Od. Lowering interest rates on reserves