When a Bank Experiences a Bank Run, It May Have

question 5

Multiple Choice

When a bank experiences a bank run, it may have to:

• A) print money to cover deposits.
• B) pay a higher insurance premium.
• C) offer depositors an IOU.
• D) call in its loans.
• E) increase its reserves.

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Definitions:

African Resistance

A term encompassing various forms of opposition and struggle by African people against European colonialism, cultural assimilation, and exploitation throughout the continent's history.

European Imperial Expansion

The period, primarily between the 15th and 20th centuries, when European powers expanded their territories globally through colonization and conquest.

New Imperialism

An era of overseas expansion by European countries, the United States, and Japan in the late 19th and early 20th centuries.