Solved

Bank Runs Occur When

Question 71

Multiple Choice

Bank runs occur when:


A) the government runs away with the bank's money.
B) depositors simultaneously withdraw large amounts of deposits from banks.
C) the owners of the bank run away with depositors' money.
D) the government withdraws large amounts of deposits from banks simultaneously.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents