Multiple Choice
A bank run is...
A) A portable bank service that is convenient for customers to deposit or withdraw their money.
B) A situation when a bank lends out a lot to customers.
C) A situation when a large number of customers withdraw their deposits because they believe the bank might be or is insolvent.
D) A situation when a big bank splits into different smaller banks.
Correct Answer:
Verified
Correct Answer:
Verified
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