Question: Question 7 1 pts Before 2003, discount window lending was limited only to depository institutions (Dls) with severe liquidity needs. The discount window rate, which

Question 7 1 pts Before 2003, discount window lending was limited

Question 7 1 pts Before 2003, discount window lending was limited only to depository institutions (Dls) with severe liquidity needs. The discount window rate, which was set below the fed funds rate, was charged on loans to depository institutions only under emergency or special liquidity situations. True False

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