1
answer
0
watching
410
views
28 Sep 2019
Banking panics and regulations
Which of the following describes a common cause of bank panics? Check all that apply.
A. Bank regulators are bureaucrats who do not keep up with real-world banking issues.
B. Bank executives are not trained in risk management.
C. Rumors that a bank is in financial trouble spread easily.
Which of the following are reasons why bank panics were largely eliminated after 1933? Check all that apply.
A. The Federal Reserve ("the Fed") stands ready to inject reserves into the system more quickly in a crisis.
B. State-chartered banks are freer from the Fed's regulations.
C. The Fed and other government agencies continuously monitor the financial condition of banks.
Banking panics and regulations
Which of the following describes a common cause of bank panics? Check all that apply.
A. Bank regulators are bureaucrats who do not keep up with real-world banking issues.
B. Bank executives are not trained in risk management.
C. Rumors that a bank is in financial trouble spread easily.
Which of the following are reasons why bank panics were largely eliminated after 1933? Check all that apply.
A. The Federal Reserve ("the Fed") stands ready to inject reserves into the system more quickly in a crisis.
B. State-chartered banks are freer from the Fed's regulations.
C. The Fed and other government agencies continuously monitor the financial condition of banks.
Darryn D'SouzaLv10
28 Sep 2019
