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:

Task Strategy

The plan or approach adopted to accomplish a specific task or objective effectively.

Direction of Attention

The focus or concentration of mental effort on a particular object, task, or activity.

Persistence

A personal quality that reflects the ability to continue steadfastly or firmly in some action or path, despite difficulties or opposition.

Action Plans

Detailed strategies outlining the steps necessary to achieve specific goals or objectives.