Multiple Choice
The Credit Guarantee Scheme had the intention of
A) guaranteeing loans on the interbank market, removing the risk of default and so encouraging banks to start lending to each other again.
B) guaranteeing mortgages to encourage banks to lend to home owners.
C) guaranteeing loans that are less than £100,000.
D) injecting sufficient funds into the liquidity system to ensure banks could lend to the wider public.
Correct Answer:

Verified
Correct Answer:
Verified
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