Since the 1930s, Following Banking Crises, If Financial Institutions Are

Multiple Choice

Since the 1930s, following banking crises, if financial institutions are not able to borrow in private credit markets:

A) the Federal Reserve takes a laissez-faire attitude, allowing market forces to determine which institutions will survive.
B) the Federal Reserve may act as a lender of last resort.
C) the U.S. Treasury may make short-term loans to them.
D) they are not allowed to engage in maturity transformation until their financial condition improves.