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The Fed's Discount Lending Is of Three Types: ________ Is

Question 8

Multiple Choice

The Fed's discount lending is of three types: ________ is the most common category;________ is given to a limited number of banks in vacation and agricultural areas;________ is given to banks that have experienced severe liquidity problems.


A) seasonal credit;secondary credit;primary credit
B) secondary credit;seasonal credit;primary credit
C) primary credit;seasonal credit;secondary credit
D) seasonal credit;primary credit;secondary credit

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