The Primary Purpose of the Lender of Last Resort Is

question 45

Multiple Choice

The primary purpose of the lender of last resort is to

• A)influence the nation's money supply.
• B)prevent financial crises.
• C)control banks' excess reserves.
• D)influence the amount of loans that banks provide to the public.

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Definitions:

Conserve

To use resources carefully and efficiently to avoid waste and ensure sustainability for future generations.

Future Value

The value of a current asset at a specified date in the future based on an assumed rate of growth over time.

Water Resource Economists

Specialists who analyze the use, management, and conservation of water resources through the lens of economic theories and models.

Specific Places

This term doesn't align directly with a specific economic concept; it could relate to locations significant for economic activities or market transactions.