A Bank Run Happens When

question 8

Multiple Choice

A bank run happens when

• A)depositors attempt to withdraw currency simultaneously.
• B)banking system is a 100 percent reserve banking.
• C)the Central Bank does not lend money to the banks.
• D)banks offer a high interest rate.

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Definitions:

Intrinsic Motivated

Driven by internal rewards, such as personal satisfaction or joy, rather than external pressures or rewards.

Extrinsic Motivations

Driving factors for behavior that come from external rewards, such as money or praise, rather than from internal satisfaction.

Goals

objectives or desired outcomes that an individual or organization aims to achieve through effort and planning.

Self-Determination Theory

A psychological framework suggesting that people are motivated to grow and change by three innate and universal psychological needs: autonomy, competence, and relatedness.