Chapter 16: Q.12 (page 437)
“Discount loans are no longer needed because the presence of the FDIC eliminates the possibility of bank panics.” Is this statement true, false, or uncertain?
Short Answer
This statement is false.
Chapter 16: Q.12 (page 437)
“Discount loans are no longer needed because the presence of the FDIC eliminates the possibility of bank panics.” Is this statement true, false, or uncertain?
This statement is false.
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