The primary purpose of the lender of last resort is to

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The primary purpose of the lender of last resort, typically the central bank, is to prevent financial crises by providing liquidity to banks and the financial system during times of stress or a sudden loss of confidence. This helps to ensure the stability of the financial system and prevent widespread bank failures that could lead to a broader economic downturn. While influencing the nation's money supply, controlling banks' excess reserves, and influencing the amount of loans banks provide may be important functions of a central bank, they are not the primary purpose of the lender of last resort.

The Primary Purpose of the Lender of Last Resort Is