True or false? (6 points) For each of the following statements, fill in the appropriate circle to indicate whether it is true or false. Then, briefly explain in a couple of sentences. (3 points for each, 1 for the answer and 2 for a correct justification.) 1. In the absence of government regulation or deposit insurance, a solvent bank (one with assets greater than liabilities) can do nothing to reduce the likelihood of bank runs. This statement is (choose one) : O True O False please fill in the correct bubble fully in a dark color 2. Explanation: 3. Government deposit insurance is sufficient to stop any bank ever failing. This statement is (choose one) : O True O False 4. Explanation