Which of the following is a consequence of deposit insurance? Group of answer choices It...

60.1K

Verified Solution

Question

Accounting

Which of the following is a consequence of deposit insurance? Group of answer choices It may induce the officers of a bank to take more risks. It encourages banks to make loans only to the most credit-worthy customers. It minimizes the risk of defaulting on loans made to the bank's customers. It encourages depositors to closely scrutinize a bank's lending activities.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students