MACROECONOMICS
MACROECONOMICS
14th Edition
ISBN: 9781337794985
Author: Baumol
Publisher: CENGAGE L
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Chapter 12, Problem 4DQ
To determine

To explain: The reasons why bank failuresin the period of 2008-2014 did not lead to runs on banks.

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Students have asked these similar questions
Why are bank failures considered to have a greater effect on the economy than other types of business failures?
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