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Are depository institutions the only financial institutions that are exposed to the risk of a bank run? Explain your answer by addressing the following questions
Are depository institutions the only financial institutions that are exposed to the risk of a bank run? Explain your answer by addressing the following questions a) What is the main cause of a bank run? b) How does a run on the bank affect an institutions financing (liabilities) c) How does the impact of a bank run on financing differ between depository institutions and other financial institutions (you can refer to investment banks specifically if it helps)
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