Question: 4. a. Why does the Fed act as a lender of last resort? What is the usual mechanism by which the Fed acts as a


4. a. Why does the Fed act as a lender of last resort? What is the usual mechanism by which the Fed acts as a lender of last resort to depository institutions? I}. Go to the FRED economic database at ht:_t:ps:a'e'ed.stlnuisfednrg.Jr and click on the CATEGORIES tah. Go to \"Money, Banking, & Finance\
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