The Federal Reserve makes discount loans to banks,and similarly,the FHLBS makes loans to savings and loan institutions. The Fed loans are expected to be repaid ________ while the FHLBS loans are ________.
A) quickly;for longer periods of time
B) when the bank becomes solvent;to be repaid quickly
C) quickly;to be repaid when the S&L becomes solvent
D) when the market rebounds;of short duration
Correct Answer:
Verified
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