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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
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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Managerial Economics A Problem-Solving Approach
Authors: Luke M. Froeb, Brain T. Mccann
2nd Edition
B00BTM8FK0
