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Q: Can a person needing a loan get one from the Federal Reserve?
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A person in need of a loan may apply for one at a federal reserve bank true or false?

true


What can the federal reserve do to help a private bank during a bank run?

The Federal Reserve Bank can provide a short-term loan to banks to prevent them from running out of money.


What is the process for applying for a federal student loan?

The process of applying for a federal studant loans would involve you needing to go to your nearest bank and then talking about and setting up the loan through them.


What describes how the Federal Reserve Bank helps banks during a bank run?

The Federal Reserve Bank can provide a short-term loan to banks to prevent them from running out of money. beeeyotch


What best describes how the federal reserve bank helps bank during bank run?

The Federal Reserve Bank can provide a short-term loan to banks to prevent them from running out of money. beeeyotch


Purpose of federal reserve?

The FEDERAL RESERVE is a private corporation that was given powers by the FEDERAL GOVERNMENT to print all the 'so-called' Money and then loan it back to us with interest attached. To get an in depth look at what the FEDERAL RESERVE is and what they do, VISIT THE BELOW LINKand watch the videos they have there. They interview the spokesman for the FEDERAL RESERVE and he tells all kinds of interesting stuff about how the private corporation operates.


How does the federal reserve influence local economics?

The Federal Reserve impacts local economics by impacting local loan rates. The overall movement of rates increases or decreases disposable income and the resultant spending.


Which of the following best describes how the federal reserve bank keeps banks during a bank run?

The Federal Reserve Bank can provide a short-term loan to banks to prevent them from running out of money. beeeyotch


What are the responsibilty of federal reserve system?

The Federal Reserve is the central banking system of the United States. It was created in the year 1913. Ben Bernanke is the chairman of the Federal Reserve. He has been the chairman since 2006. Before him, Alan Greenspan was the chairman of the Federal Reserve. The United States Government owns the Federal Reserve. They set policies like: 1. Minimum Deposit Rates 2. Loan Rates 3. Cash Reserve Ratio and other regulatory ratios 4. etc


Federal Reserve-set interest rate to determine the amount needed to pay back the loan?

discount rate


Did the federal reserve loan 2 trillion dollars to anyone?

No. There are only about 5 trillion dollars in existence. It's unlikely they could loan out 40% of all the US dollars in the world.


Where could a person get person to person loans?

There are many companies and websites that offer personal loans to those needing a loan. Some of these companies that offer loans are Wells Fargo, Dollar Loan Center and Quality Lenders.