3 years ago

Why is the fed often referred to as a ""lender of last resort

English

2 answers:

Sergio [31]3 years ago

4 0

Answer:

It offers banks financial protection to keep consumers from panicking

Explanation:

On Edge

Harman [31]3 years ago

3 0

Answer / Explanation:

It lends consumers money when other banks will not. It keeps all failing banks afloat to avoid economic disruption. It helps finance and stabilize central banks internationally.

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