asked 32.3k views
4 votes
In many countries, one of the roles of the central bank is to provide loans to distressed financial institutions. In economics, the term for this is:

A. bailout bank
B. ender of last resort
C. source of ultimate credit
D. rovider of fiduciary nsurance
E. liquidity resource

asked
User Zeacuss
by
7.8k points

1 Answer

4 votes

Answer: Bailout Banking

Step-by-step explanation:

answered
User Il
by
8.7k points
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