Bank Runs Are Not Common Today Because of Deposit Insurance

question 108

True/False

Bank runs are not common today because of deposit insurance.

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Definitions:

Georgia

A state located in the southeastern region of the United States, known for its history, culture, and diverse geography.

Arizona

A U.S. state in the Southwestern region known for its desert landscape, the Grand Canyon, and a rich Native American heritage.

California

A U.S. state on the western coast known for its diverse geography, significant economic impact, and cultural influence, as well as being the most populous state.

Genetic Technologies

Scientific methods and tools used in genetics, including DNA sequencing, genetic engineering, and gene therapy, which have applications in medicine, agriculture, and biotechnology.