asked 227k views
3 votes
What group is responsible for stepping in to prevent a bank run?

A.Banking regulators like the fed
B. The banks depositors
C.the banks owners
D. The state government where the bank is located

2 Answers

7 votes

Answer: banking regulators like the fed

Step-by-step explanation:

answered
User Julien BONNIN
by
8.9k points
4 votes

Answer:

A. Banking regulators like the fed

Step-by-step explanation:

Bank run is described as the situation where many customers withdraw money at the same time. The bank runs out of monetary funds to cater to the needs of so many customers. This may lead to bank going bankrupt and dissolve eventually. In such situations, banking regulators come into the picture to take hold of the crisis. These regulating agencies are independent and established for avoiding any crisis and minimizing the risks in the financial markets and related to the financial institutions.

answered
User Salih Karagoz
by
8.4k points
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