When the Federal Reserve Acts as a Lender of Last

question 47

True/False

When the Federal Reserve acts as a lender of last resort,it is making sure that banks have the money they need to continue to operate.

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Definitions:

Frequency

The rate at which an event or behavior occurs over a specified period of time.

Anecdotal

Pertaining to a short and interesting story or personal account, often used as informal evidence to support a point.

Duration

The total time period during which an event or condition exists or persists.

Reinforcer

Any stimulus that increases the likelihood of a preceding behavior being repeated.