A Series of Bank Runs in a Country Should Have

question 160

True/False

A series of bank runs in a country should have no effect on M1 as money simply moves from checking deposits to currency.

---

Definitions:

Restraints Against Trade

Actions or regulations that restrict, limit, or impede the free flow of trade and competition in the market.

Different Levels

Different levels refer to varying degrees or stages in a hierarchy, system, or classification.

Vertical

Relating to a structure or position that is straight up and down, in alignment with the direction of gravity.

Horizontal Restraint

involves agreements among competitors operating at the same level of the market or supply chain to limit competition or manipulate market conditions.