Since its creation, what government entity has greatly reduced the number of bank failures by helping other banks take over the liabilities and assets of troubled banks, and thereby preventing loss of depositor funds?
a. the Federal Deposit Insurance Corporation
b. the Federal Trade Commission
c. the Federal Open Market Committee
d. the Department of Commerce
a. the Federal Deposit Insurance Corporation
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Which of the following is not a determinant of supply?
What will be an ideal response?
(Last Word) The "after this, therefore because of this" fallacy states that:
A. because event A precedes event B, A is necessarily the cause of B. B. the very attempt to accomplish a certain objective may create conditions that prohibit the achievement of that objective. C. events may drastically alter plans; one's intentions and actual accomplishments may differ considerably. D. generalizations that are accurate at the level of microeconomics may be inaccurate at the level of macroeconomics.
If the reserve ratio is designated by "r," how much of a deposit can banks lend out?
A. 1 / r B. (1 - r) C. 1 / (1 - r) D. r / (1 - r)
Individual employment and training programs are levers most likely to be advocated by
A. Keynesians. B. Monetarists. C. Supply-side economists. D. Classical economists.