Posted: March 6th, 2017
In crisis situations the Fed may act as the Lender of Last Resort by providing liquidity to individual firms or the financial system. What policy would the Fed be likely to use in such a situation?
In crisis situations the Fed may act as the Lender of Last Resort by providing liquidity to individual firms or the financial system. What policy would the Fed be likely to use in such a situation?
Changes in the Federal Funds rate.
Use of the Discount Window.
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