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RSB [31]
1 year ago
10

10. What happens during a bank run?

Business
1 answer:
joja [24]1 year ago
4 0

The thing which happens during a bank run is:

  • Customers attempt to withdraw more money than the bank has on hand.

<h3>What is a Bank Run?</h3>

This refers to the mass withdrawal of funds by a large number of customers where the banks are unable to pay everyone because they do not have the capacity to make such large withdrawals.

With this in mind, we can see that during a bank run, the main thing which pushes people is the fear of insolvency so that they would not lose their money.

Read more about bank run here:

brainly.com/question/10550250

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This is the complete question

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The solution is attached below

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