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valputin valputin
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8 years ago
Depositors have a strong incentive to show up first to withdraw their funds during a bank crisis because banks operate on a
A) sequential service constraint.
B) everyone-shares-equally constraint.
C) double-coincidence of wants constraint.
D) last-in, first-out constraint.
Textbook 
The Economics of Money, Banking and Financial Markets, Business School Edition

The Economics of Money, Banking and Financial Markets, Business School Edition


Edition: 4th
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Our course uses > The Economics of Money, Banking and Financial Markets
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butterfly127butterfly127
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valputin Author
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8 years ago
Correct
Our course uses > The Economics of Money, Banking and Financial Markets
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