Today,bank Runs Are Not a Major Problem for the U

question 10

Multiple Choice

Today,bank runs are not a major problem for the U.S.banking system because

• A)bank runs are now illegal.
• B)banks now hold 100 percent of their deposits in reserve.
• C)banks are now all government-operated.
• D)the federal government now guarantees the safety of deposits at most banks.

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Definitions:

Free Speech

The right to express one's opinions without censorship, restraint, or legal penalty, protected by many democracies worldwide.

Supreme Court

The highest judicial body in a country, particularly in the United States, where it has the ultimate authority over constitutional interpretation and legal disputes.

American Expeditionary Force

The United States armed forces sent to Europe in World War I under the command of General John J. Pershing.