One emergency lending procedure put into place in 2008 was the creation of the Term Securities Lending Facility. This entity was set up to
A) lend up to $50 billion of Treasury securities to primary securities dealers for a fee.
B) lend up to $200 billion of Treasury securities to primary securities dealers for a fee.
C) lend funding to the Money Market Investor Funding Facility
D) lend funding to any commercial bank that needed it.
Correct Answer:
Verified
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