What is the purpose of the lender of last resort facility

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Reference no: EM132179399

Question: 1. What is the purpose of the lender of last resort's facility?

2. Why is there a conflict between liquidity and profitability for the retail banks?

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132179399

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