Which of the Following Statements Is True of the U

Multiple Choice

Which of the following statements is true of the U.S.economy?

A) No bank runs have occurred after 1990 in the U.S. economy.
B) No bank runs have occurred before 1990 in the U.S. economy.
C) Almost one-fourth of all U.S. banks failed during the Great Depression.
D) The number of bank runs decreased after the Federal Deposit Insurance Corporation was established.