Depositors racing to withdraw their money from a bank is called a:
ABank run
BBank holiday
CBank merger
DBank audit
Answer & Solution
Correct answer: A. Bank run
1. Even a rumour could trigger one.
2. This is a bank run.
3. Runs could destroy healthy banks.
_Source: OpenStax Principles of Macroeconomics for AP Courses 2e, Chapter 14, Monetary Policy and Bank Regulation (CC BY 4.0)._
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