The Fed's Discount Lending Is of Three Types: ________ Is

question 8

Multiple Choice

The Fed's discount lending is of three types: ________ is the most common category;________ is given to a limited number of banks in vacation and agricultural areas;________ is given to banks that have experienced severe liquidity problems.

• A)seasonal credit;secondary credit;primary credit
• B)secondary credit;seasonal credit;primary credit
• C)primary credit;seasonal credit;secondary credit
• D)seasonal credit;primary credit;secondary credit

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Definitions:

Institution Of Slavery

A legally or socially sanctioned system in which individuals are owned by others, deprived of personal freedom, and compelled to perform labor or services.

Nature Prescribed

A concept suggesting that certain roles, behaviors, or practices are determined or influenced by natural characteristics or inherent tendencies.

Necessary Evil

Something undesirable but considered unavoidable or essential to achieve a desired outcome or to prevent a worse scenario.

Indian Removal

The 19th-century policy of the United States government aimed at relocating Native American tribes from their ancestral lands in the eastern U.S. to territories west of the Mississippi River.