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customers attempt to withdraw more money than the bank has on hand
Adriana Doyle
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What is a run on the bank?
It can happen that the depositors lose confidence in a banks ability to look after their money. if this happens in a big way most of the depositors demand the money they have in their accounts. this is known as a run on the bank. No bank can withstan a run on it without outside assistance.
What happens when a bank has no reserves?
reserves is the money that a bank holds aside just in case they run out, they'll have money to back them up.When a bank runs out of reserves they can either get loans from the government or file bankruptcy.
What was the bank run of 1930 and what are some of the reasons it happened?
in 1930 i bank run your mom's money and thats why i'm known for bank run.
What is the difference between a government bank and nationalised bank?
the government bank is run by the state government and the nationalised bank is run by the federal government
What occurs when many people withdraw their money from a bank at one time?
crash
What happens during a bank panic?
depositors rush to the bank to withdraw all deposits
What is a run on the bank?
It can happen that the depositors lose confidence in a banks ability to look after their money. if this happens in a big way most of the depositors demand the money they have in their accounts. this is known as a run on the bank. No bank can withstan a run on it without outside assistance.
What happens during bank runs?
customers attempt to withdraw more money than the bank has on hand
What doesnt represent a domestic army mission during peacetime?
A finance unit provides personnel to run a bank during a strike of bank tellers
What happens if you run away from Virizion during battle?
it disapears
What happens during a bank reconcilliation process?
khnlknn oyoh yhu iujoiu
What happens during a foreclosure?
After a default by the borrower the bank takes possession of the property and sells it.
What can the federal reserve do to help a private bank during a bank run?
The Federal Reserve Bank can provide a short-term loan to banks to prevent them from running out of money.
What happens when federal bank lowers short term rate?
it means they run the term for only a short while
What best describes how the federal reserve bank helps bank during bank run?
The Federal Reserve Bank can provide a short-term loan to banks to prevent them from running out of money. beeeyotch
What happens when a bank has no reserves?
reserves is the money that a bank holds aside just in case they run out, they'll have money to back them up.When a bank runs out of reserves they can either get loans from the government or file bankruptcy.
What describes how the Federal Reserve Bank helps banks during a bank run?
The Federal Reserve Bank can provide a short-term loan to banks to prevent them from running out of money. beeeyotch
