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Question
Which of the following is NOT a social welfare effect of bank runs?
A. Discipline of incompetent managers.
B. Negatively affecting the payments function of DIs.
C. Reduced availability of credit.
D. Potential decrease in the money supply.
E. Inability to perform intergenerational wealth transfers.
Answer
This answer is hidden. It contains 1 characters.
Related questions
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The McCarran-Ferguson Act of 1945
A. separated commercial banking from insurance activities.
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C. stipulated that insurance companies are to be regulated at the state level.
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B. Pure arbitrage.
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A. has publicly-traded common stock.
B. provides equity funds to companies that already have publicly traded common stock.
C. is a subsidiary of a nonfinancial corporation.
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