Which of the Following Is NOT a Social Welfare Effect

question 12

Multiple Choice

Which of the following is NOT a social welfare effect of bank runs?

• A)Discipline of incompetent managers.
• B)Negatively affecting the payments function of DTIs.
• C)Reduced availability of credit.
• D)Potential decrease in the money supply.
• E)Inability to perform intergenerational wealth transfers.

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Definitions:

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Dr. Henry Morgentaler

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