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The European Central Bank's Marginal Lending Facility Is Used to Provide

Question 58

Multiple Choice

 The European Central Bank's Marginal Lending Facility is used to provide: ?


A)  short-term loans to banks at rates below the target refinancing rate.?
B)  long-term loans to banks at rates above the target refinancing rate.?
C)  short-term loans at rates above the target refinancing rate.?
D)  long-term loans to banks at rates below the target refinancing rate.

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