Suppose Walmart is allowed to open a bank that accepts deposits and makes loans at its U.S. stores. a. How might this affect existing banks, especially community banks? b. In general, who might gain and who might lose if Walmart opens a bank?

Suppose Walmart is allowed to open a bank that accepts deposits and makes loans at its U.S. stores. a. How might this affect existing banks, especially community banks? b. In general, who might gain and who might lose if Walmart opens a bank?

ECON MACRO

5th Edition

ISBN:9781337000529

Author:William A. McEachern

Publisher:William A. McEachern

Chapter14: Banking And The Money Supply

Section: Chapter Questions

Problem 2.2P

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Question

Suppose Walmart is allowed to open a bank
that accepts deposits and makes loans at its
U.S. stores.
a. How might this affect existing banks,
especially community banks?
b. In general, who might gain and who might
lose if Walmart opens a bank?

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