Which of the following is not true about a bank run? Since the great depression the...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Which of the following is not true about a bank run? Since the great depression the government has set up regulation that has eliminated most bank runs. Bank runs are bad for the bank affected and usually good for the bank's competitors. Deposit insurance is designed to reduce the risk of bank runs for depository banks. Fears leading to bank runs can be self-fulfilling. There was a wave of bank runs during the great depression. Which of the following is not true about a bank run? Since the great depression the government has set up regulation that has eliminated most bank runs. Bank runs are bad for the bank affected and usually good for the bank's competitors. Deposit insurance is designed to reduce the risk of bank runs for depository banks. Fears leading to bank runs can be self-fulfilling. There was a wave of bank runs during the great depression.
Expert Answer:
Answer rating: 100% (QA)
Bank runs is a situation where a large number of ba... View the full answer
Related Book For
Posted Date:
Students also viewed these economics questions
-
Which of the following is not true about an ideal gas? (a) The average kinetic energy of the gas molecules increases as the temperature increases. (b) The volume of an ideal gas increases with...
-
Which of the following is NOT true about an employees decision to leave their employment? Once an employee decides to quit, offering a significant pay raise will likely result in them remaining...
-
Which of the following is not true about enzymes? a. They are consumed by the reactions they catalyze. b. They are usually made of amino acids. c. They lower the activation energy of chemical...
-
an unadjusted trial balance as of December 31, 2020. (6points)Account TitleBalanceDebitCreditCash36,910Accounts Receivable5,750Office Supplies1,400 PART1: The following transactions occurred for...
-
Shoeless Joe is a specialty retailer that is deciding where to locate a new facility. The annual fixed and variable costs for each possible site have been estimated as follows: If demand is expected...
-
The unadjusted and adjusted trial balances for Tinker Corporation on December 31, 2011, are shown below: Journalize the nine adjusting entries that the company made on December 31,2011. TINKER...
-
Xie Company identified the following activities, costs, and activity drivers for 2017. The company manufactures two types of go-karts: deluxe and basic. Required 1. Compute a single plantwide...
-
One of the examples in this chapter dealt with determining the optimal reorder point for a computer monitor sold by Millennium Computer Corp. Suppose that it costs MCC $0.30 per day in holding costs...
-
A single nuclear reactor produces 2.6GW of electrical power, and has a generator voltage of 22kV.What percentage of power would be lost from our nuclear reactor in three-line transmission that goes...
-
The dependency diagram in Figure indicates that authors are paid royalties for each book that they write for a publisher. The amount of the royalty can vary by author, by book, and by edition of the...
-
The bean machine, also known as a quincunx or the Galton box, is a device for statistics experiments named after English scientist Sir Francis Galton. It consists of an upright board with evenly...
-
W has knee surgery at the hospital where she works and the hospital discounts her bill by $2,000, as it does for all employees. This is 20% of the amount of the hospital's usual charge for surgery....
-
Luna received 100 shs of stock worth $500,000 and a $50,000 note from Moon Corp. in exchange for contributing property with a FMV of $550,000 and an adjusted basis of $400,000. How much of the gain...
-
Making accounts transactions can be very difficult, the process involves a few basic steps, what are these steps?How does the bank reconciliation process help in detecting fraudulent activities?
-
Differentiate between: i) Accruals and Prepayments ii) Working Capital and Capital Employed iii) Revenue and Capital Expenditure iv) Materiality and Historical Cost Concept v) Carriage inwards and...
-
What is Fair Value Accounting? What are the factors contributing toward the trend of fair value accounting? How are the balance sheet and income statement affected by fair value accounting?
-
Induction Prove by induction that for all n EN ^-(2x)'. k=1 n
-
Reread the discussion leading to the result given in (7). Does the matrix sI - A always have an inverse? Discuss.
-
A proposed space station consists of a circular tube that will rotate about its center (like a tubular bicycle tire), Fig. 5-39. The circle formed by the tube has a diameter of 1.1 km. What must be...
-
White light containing wavelengths from 410 nm to 750 nm falls on a grating with 7800 slits / cm. How wide is the first-order spectrum on a screen 3.40 m away?
-
(a) From Sections 22-3, 24-4, and 27-3, estimate the minimum energy (eV) that initiates the chemical process on the retina responsible for vision. (b) Estimate the threshold photon energy above which...
-
Biologists have studied the running ability of the northern quoll, a marsupial indigenous to Australia. In one set of experiments, they studied the maximum speed that quolls could run around a curved...
-
In the swing carousel amusement park ride, riders sit in chairs that are attached by a chain to a large rotating drum. As the carousel turns, the riders move in a large circle with the chains tilted...
-
The chain on a bicycle turns the rear wheel via a gear cluster, as shown in Figure Q7.6. The gears vary in size; the smallest gear has a radius of 2.3 cm, the largest a radius of 6.0 cm. If we assume...
Study smarter with the SolutionInn App