As depositors lined up to take their money out, banks called in loans and sold assets. Ultimately, this meant that credit froze up. True False

Webdesigner asked Nov 19, 2022

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38 votes

As depositors lined up to take their

money out, banks called in loans and
sold assets. Ultimately, this meant
that credit froze up.

True
False

Webdesigner asked Nov 19, 2022

2.7k points

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19 votes

True I believe this happened in real life

Stephen Price answered Nov 24, 2022

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