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    Financial Markets and Institutions Study Set 1
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    Exam 16: The International Financial System
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    When It Acts as a Lender of Last Resort,the IMF
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When It Acts as a Lender of Last Resort,the IMF

Question 11

Question 11

True/False

When it acts as a lender of last resort,the IMF may increase the likelihood that financial institutions take excessive risks and thus increase moral hazard.

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