An actor that is committed to making loans to stressed economic actors when market institutions would refuse to do so is called
a. a lender of last resort.
b. a hegemon banker.
c. an institutional lender.
d. a fundamental banker.
a. a lender of last resort.
You might also like to view...
The prospect of a recession in the United States would probably cause the dollar to
a. depreciate because interest rates would be expected to rise. b. depreciate because imports would be expected to rise. c. appreciate because imports would be expected to fall. d. appreciate because interest rates would be expected to decrease.
Engaging in international trade has all of the following effects except:
A. altering prices in different countries. B. it makes use of resources less efficient. C. influencing labor markets in different countries. D. increasing number of goods and services we can consumer in different countries.
The level of long-run real GDP that producers are willing and able to supply ______.
a. varies inversely with the price level b. increases with increasing price level c. is not affected by changes in the price level d. decreases with increasing price level
Given implicit or explicit resource price agreements, if the actual price level is below the expected price level in an economy, the _____
Fill in the blank(s) with the appropriate word(s).