Insurance that protects individuals from the loss of their bank deposits:
A) makes bank officials especially careful about the loans and investments they make.
B) makes it virtually impossible for a bank to fail.
C) is so costly that few banks can afford it.
D) makes depositors less concerned about the safety of their money than the interest rate it is earning.
E) was introduced as a direct result of the financial problems of the 1970s and 1980s.
Correct Answer:
Verified
Q103: In the 1970s,_.
A)the market interest rate increased
Q104: While deposit insurance was designed to make
Q105: The U.S.banks have grown primarily through:
A)America's longstanding
Q106: The tendency of bankers to take unwarranted
Q107: A subprime mortgage is:
A)a mortgage in which
Q109: Which of the following statements is true?
A)During
Q110: Barter is the exchange of goods and
Q111: The deregulation of U.S.banking in the 1980s
Q112: Money market mutual funds:
A)offer higher rates of
Q113: A government program that invested in financial
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents