Question: Which answer below explains why some might have FAVORED the old banking system? a.)All of the account holders at a bank could make a run

Which answer below explains why some might have FAVORED the old banking system?

  • a.)All of the account holders at a bank could make a run by asking to withdraw their funds at the same time.
  • b.)The value of notes from unknown banks was unclear.
  • c.)Prices were uncertain in trading over long distances.
  • d.)Currency traders could make a lot of money by exchanging it between cities.

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