Solved

What Does the Term Run on the Bank Mean

Question 44

Multiple Choice

What does the term run on the bank mean?


A) People will rush in to deposit money in the bank.
B) People will rush to buy the bank's stock.
C) Depositers of the bank will rush in to close out their accounts at the bank.
D) Depositers of the bank will rush in to add money to the accounts they already have with the bank.
E) none of the above

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