A significant bank crisis in one Eurozone country is a problem for the ECB because:
A) it will violate its money supply growth rule if it tries to provide liquidity to that country's banks.
B) it has no mandate to be a lender of last resort to financial institutions in the Eurozone.
C) it has no ability to affect the money supply in Eurozone countries.
D) its consensus decision-making process may prompt too rapid a reaction to a crisis in one country.
Correct Answer:
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