Today,bank Runs Are Not a Major Problem for the U

question 10

Multiple Choice

Today,bank runs are not a major problem for the U.S.banking system because

• A)bank runs are now illegal.
• B)banks now hold 100 percent of their deposits in reserve.
• C)banks are now all government-operated.
• D)the federal government now guarantees the safety of deposits at most banks.

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Definitions:

Digest

To break down information for easier understanding or to convert food into absorbable substances in the body.

Peanuts

A legume crop known scientifically as Arachis hypogaea, commonly grown for its edible seeds, also referred to as groundnuts.

Milk

A nutrient-rich liquid food produced by the mammary glands of mammals, serving as the primary source of nutrition for their young.