Saved Bookmarks
| 1. |
2) if you wore a bank manager, what would you do, it all account holders like to withdraw money in a single day? |
|
Answer» the CASH on hand is delivered to the Federal Reserve BANK, which is the bank's bank. ... If everyone withdrew their MONEY from BANKS, there would be some serious fallout. In addition to not having enough cash to cover the deposits, banks would be forced to call in all OUTSTANDING loans. |
|