Where do the FDIC's funds come from?
A) Congress appropriates money for the FDIC, just as it does for other federal agencies.
B) The FDIC earns income through the insurance premiums paid by insured banks and from investment earnings.
C) The FDIC sells bonds in the financial markets.
D) The FDIC relies on voluntary contributions from the banking community.
B
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The above figure shows Bobby's indifference map for juice and snacks. Also shown are three budget lines resulting from different prices for snacks. Bobby views snacks as a(n)
A) normal good. B) inferior good. C) Giffen good. D) Not enough information.
The supply curve does not:
A. represents producers' willingness and ability to sell. B. show the minimum price producers will accept for any given quantity. C. visually display the supply schedule. D. illustrate how consumers want to purchase goods and services.
Figure 3-16
Refer to . When the price is P1, producer surplus is
a.
A.
b.
C.
c.
A + B.
d.
C + D.
The profitability of an investment project will decrease if
A. tax rates decrease. B. real interest rates increase. C. real interest rates decrease. D. business tax deductions increase.