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When It Comes to Federal Reserve Banks, Primary Credit

Question 36

Multiple Choice

When it comes to Federal Reserve Banks, primary credit:


A) The majority of depository institutions do not qualify for this program.
B) Primary credit has an allowable maturity of up to 90 days.
C) Primary credit use should be viewed by bank examiners as exceptional.
D) All of the above.
E) None of the above.

Correct Answer:

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