Question and answer
What does “lender of last resort” mean with respect to the Federal Reserve? a. It will lend money to a bank in a financial emergency. b. It makes decisions about who a bank can lend money to. c. It
decides interest rates for interbank loans. d. It has the power to decide how much money a bank can lend out.
a. It will lend money to a bank in a financial emergency
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Original conversation
User: What does “lender of last resort” mean with respect to the Federal Reserve? a. It will lend money to a bank in a financial emergency. b. It makes decisions about who a bank can lend money to. c. It decides interest rates for interbank loans. d. It has the power to decide how much money a bank can lend out.

Weegy: a. It will lend money to a bank in a financial emergency
indi|Points 256|

User: What is the relationship between interest rates and demand for money? a. As interest rates decrease, demand for money increases. b. As interest rates increase, demand for money increases. c. Interest rates are determined by demand for money. d. Interest rates and demand for money are unrelated.



"In the short run the interest rate is determined by the supply and demand of money."







Weegy: What is the relationship between interest rates and demand for money? As interest rates decrease, demand for money increases.
Expert answered|mangioon|Points 80|

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Asked 4/30/2013 8:20:41 AM
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Which one of the following is NOT part of the Federal Reserve System? a. the Board of Governors c. the Federal Advisory Council b. the Federal Open Market Committee d. the Comptroller of the Currency
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