Question
Governments provide safety nets to reduce the likelihood of bank runs and contagions because these have adverse effects on the financial system and the economy.
Governments provide safety nets to reduce the likelihood of bank runs and contagions because these have adverse effects on the financial system and the economy. What are the two main government provided safety nets? Do they have a downside and if so what may result?
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Legal Fundamentals for Canadian Business
Authors: Richard A. Yates
4th edition
133370283, 978-0133370287
