F Financial Stability a financial system can be considered stable (1)facilitates the efficient allocation ot economic resources (2)assesses, prices, allocates, and manages financial risks and functions even when faces with externaly (3) maintains its ability to perform these ke shocks or a build-up of imbalances
Financial Stability a financial system can be considered stable if it (1) facilitates the efficient allocation of economic resources; (2) assesses, prices, allocates, and manages financial risks; and (3) maintains its ability to perform these key functions even when faces with external shocks or a build-up of imbalances. 16
s /B. Lender of Last Resort( LOLR) *A lOLR is an institutional arrangement with responsibility for providing credit under condition of stress * What's the purpose of emergency lending?
B. Lender of Last Resort (LOLR) A LOLR is an institutional arrangement with responsibility for providing credit under condition of stress. What’s the purpose of emergency lending? 17