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Economics A Level (DONEEEEEEE)
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Pregunta:
What Disadvantages do Central banks being the Lender of Last Resort have?
Autor: eric_galvaoRespuesta:
-Leads to Moral Hazard and Banks to take High Risks -Banks not holding Sufficient Liquidity -Unfair that the Central Bank will help Financial Institutions but not Non-Financial Institution
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eric_galvao