In the USEconomy,a Major Deterrent to Bank Runs Is

question 53

Multiple Choice

In the U.S.economy,a major deterrent to bank runs is

• A) the fact that most banks keep 50 percent of their deposits as reserves.
• B) government ownership of commercial banks.
• C) the stock of gold owned by the government.
• D) the ability of commercial banks to create money when needed.
• E) the FDIC.

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Definitions:

Adolf Hitler

a German politician and leader of the Nazi Party who rose to power as Chancellor of Germany in 1933 and later Führer in 1934, leading the country during World War II.

Carl Jung

A Swiss psychiatrist and psychoanalyst who founded analytical psychology and introduced concepts such as the collective unconscious and archetypes.

Henry Murray

An American psychologist best known for developing the theory of needs, which identifies various personality traits and the underlying needs driving human behavior.

Cognitive Affective Processing Systems

A model explaining individual's thoughts and emotions interact and how they impact behavior.