Solved

The Fed Will Make a Discount Loan to a Bank

Question 21

Multiple Choice

 The Fed will make a discount loan to a bank during a crisis: ?


A)  no matter what condition the bank is in.?
B)  only if the bank is sound financially and can provide collateral for the loan.?
C)  but if the bank doesn't have collateral the interest rate is higher.?
D)  only if the bank would fail without the loan.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents