Governments in many countries guarantee the deposits of people in commercial banks. Providing such a...
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Governments in many countries guarantee the deposits of people in commercial banks. Providing such a guarantee leads to which of the following effects? 1) The depositors are more willing to deposit their money in commercial banks II) The bankers are more careful and take lower risk when lending out money III) Taxpayers have to finance bank bailouts from time to time O a. II only O b. Ill only O c. I and III O d. I, II, and III O e. I and II Fini
Governments in many countries guarantee the deposits of people in commercial banks. Providing such a guarantee leads to which of the following effects? 1) The depositors are more willing to deposit their money in commercial banks II) The bankers are more careful and take lower risk when lending out money iii) Taxpayers have to finance bank bailouts from time to time a. II only b. III only c. I and III d. I, II, and III e. I and
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