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    Macroeconomics Study Set 17
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    Exam 14: Money,Banks,and the Federal Reserve System
  5. Question
    The Fed Was Founded in 1913 to Serve as Lender
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The Fed Was Founded in 1913 to Serve as Lender

Question 28

Question 28

True/False

The Fed was founded in 1913 to serve as lender of last resort to bankers during bank runs and panics.

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