In practice, discount lending is used
A) to ease a financial panic.
B) to control the money supply.
C) to set a minimum for the federal funds rate.
D) all of the above.

Name: In practice, discount lending is used A) to ease a financial panic. B) to control the money supply. C) to set a minimum for the federal funds rate. D) all of the above.
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Question

Quizplus · Accepted Answer

Discount lending is primarily used to provide liquidity to banks during times of financial distress or panic, helping to stabilize the financial system.

In Practice, Discount Lending Is Used