12. Historically an increase in the number of bank failures has been linked with an in crease...
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12. Historically an increase in the number of bank failures has been linked with an in¬ crease in the currency to deposit ratio. However, the recent savings and loan cri¬ sis, in which thousands of savings and loans failed, and the more recent trouble in the banking industry have not led to an increase in the currency to deposit ratio. Why not?
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Related Book For 
Money Banking And Financial Markets An Economic Approach
ISBN: 9780395643952
1st Edition
Authors: Michael R. Baye, Dennis Jansen
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