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In the United States, who is the lender of last resort?
In the U.S. the Federal Reserve acts as the lender of last resort.
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Asked 3/4/2014 11:02:21 PM
Updated 3/4/2014 11:52:18 PM
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In the U.S. the Federal Reserve acts as the lender of last resort.
Added 3/4/2014 11:52:18 PM
This answer has been confirmed as correct and helpful.
Rated good by debnjerry, Confirmed by debnjerry [3/5/2014 6:45:01 AM]
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A fiscal year is a 12-month period.
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An Expansionary policy is a macroeconomic policy that seeks to expand the money supply to encourage economic growth or combat inflation (price increases).
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Weegy: The Federal funds rate is the interest rate at which a depository institution lends immediately available funds (balances at the Federal Reserve) to another depository institution overnight. (More)
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A recognition lag means the delay in time between the occurrence of a macroeconomic event or shock and how long it takes for it to be noticed.
Added 3/5/2014 7:59:34 PM
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Confirmed by alfred123 [3/5/2014 8:07:54 PM]
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