Discount loans to banks experiencing severe liquidity problems are called

A) primary credit.
B) secondary credit.
C) seasonal credit.
D) lender-of-last-resort credit.

B

Business

You might also like to view...

Under what situation can the net present value (NPV) profile be upward sloping?

What will be an ideal response?

Business

The most connected network in the world is the Internet

Indicate whether the statement is true or false

Business