Economics WAEC

The function of the Central Bank as the lender of last resort means that when all other sources fail?

A. the consumer can always borrow money from the Central Bank
B. the government can ask the Central Bank to print more money
C. commercial banks can raise loans from the Central Bank
D. commercial banks can deposit money with the Central Banks

Correct Answer: Option C

C. commercial banks can raise loans from the Central Bank

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