Banks typically come under financial stress because of:
A. the money multiplier effect.
B. a widespread decline in the value of their assets.
C. diversification of loan assets.
D. risks associated with extraordinary economic gains.
Answer:B
Banks typically come under financial stress because of:
A. the money multiplier effect. B. a widespread decline in the value of their assets. C. diversification of loan assets. D. risks associated with extraordinary economic gains.
Explanation: Type: Multiple Choice