The Fed Sometimes Acts as a Lender of Last Resort

question 185

Multiple Choice

The Fed sometimes acts as a lender of last resort.This means that

• A) individuals can borrow from the Fed when the President declares a national disaster
• B) individuals can try to borrow money from the Fed if they are unable to borrow from a bank
• C) banks can always go to the Fed for reserves in order to purchase more government bonds
• D) banks can always go to the Fed for reserves to meet their obligations to depositors
• E) business firms can try to borrow money from the Fed they are unable to borrow from a bank

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Definitions:

Testosterone

The principal male sex hormone (androgen); a steroid hormone produced by the interstitial cells of the testes; stimulates spermatogenesis and is responsible for primary and secondary sex characteristics in the male.

Masculine Characteristics

Traits typically associated with male biology or gender identity, including physical, behavioral, or physiological features considered masculine.

Estrogen Levels

The concentration of estrogen, a primary female sex hormone, in the body which affects various functions and developmental processes.

Prostaglandins

A collection of lipid-based substances that possess a wide range of effects similar to hormones in animals.