The Fact That Banks Operate on a "Sequential Service Constraint

question 66

Multiple Choice

The fact that banks operate on a "sequential service constraint" means that

• A)all depositors share equally in the bank's funds during a crisis.
• B)depositors arriving last are just as likely to receive their funds as those arriving first.
• C)depositors arriving first have the best chance of withdrawing their funds.
• D)banks randomly select the depositors who will receive all of their funds.

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Definitions:

Affordable Care Act

The Affordable Care Act, often referred to as Obamacare, is a comprehensive healthcare reform law enacted in March 2010 that aimed to improve access to health insurance for Americans.

Health Care Coverage

Insurance that typically pays for medical, surgical, prescription drug, and sometimes dental expenses incurred by the insured, either by reimbursing the patient or paying care providers directly.

Dependent Care Expenses

Costs incurred for the care of qualifying dependents (such as children or disabled family members), which may be eligible for tax credits.

Qualifying Individual

An individual who meets specific criteria under a particular program, policy, or regulation for eligibility purposes.