alleryMatch last resort: 1. Lender: p. Resort 2. Client: q. Banks 3. Year: r. 1870s
A1-p, 2-q, 3-r
B1-p, 2-r, 3-q
C1-q, 2-p, 3-r
D1-r, 2-p, 3-q
Answer & Solution
Correct answer: A. 1-p, 2-q, 3-r
The central bank acts as the lender of last resort to provide liquidity to solvent banks facing distress.
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