According to the textbook,if a bank's liquidity deficit is expected to last for only a few hours,the Federal funds market or the central bank's discount window is normally the preferred source of funds.

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The textbook states that if a bank's liquidity deficit is expected to be short-term, such as lasting only a few hours, then the preferred sources of funds are the Federal funds market or the central bank's discount window.

According to the Textbook,if a Bank's Liquidity Deficit Is Expected