Examlex

Solved

A Bank Run Can Result in Bank Failure Because Banks

question 169

True/False

A bank run can result in bank failure because banks keep only a small fraction of their depositors' funds in the bank vault and are therefore unable to meet their customers' demands for their money.


Definitions:

Accountable

Being responsible for one's actions and decisions, often within a professional or organizational context, ensuring transparency and trust.

Profit Responsibility

An organization's or individual's obligation to achieve and maintain profitability through efficient operations and activities.

Cerdelga

Cerdelga is a prescription medication used for the treatment of certain types of Gaucher disease, a genetic disorder.

Gaucher Disease

A genetic disorder that results in the accumulation of fatty substances in certain organs, particularly the spleen and liver, leading to physical complications and organ damage.

Related Questions