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When the Fed loaned to banks using banks' long-run assets such as mortgages as collateral, it was:
Interest Rate
The amount charged by lenders to borrowers for the use of money, expressed as a percentage of the principal, influencing savings and investment decisions.
Solar Heating System
A system that captures sunlight to generate heat, typically used for water heating or space heating in buildings.
Large Profits
Significant earnings that exceed the costs and expenses of operating a business.
Innovation
The process of developing new products, services, or methods, often leading to increased efficiency or value.
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