Examlex
Complete the following analogy: Id is to pleasure principle as ____________.
Federal Funds
Reserve balances that commercial banks hold at the Federal Reserve, which can be lent to other banks overnight to meet reserve requirements, influencing the federal funds rate.
Short-Term Basis
A period or timeframe that typically covers the near future, often less than a year, used for planning and decision making.
Banks
Financial institutions that accept deposits from the public, create credit, and provide loans, among other financial services.
Lender Of Last Resort
The role typically assumed by a central bank to provide funds to financial institutions in distress, to prevent systemic failures.
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