There is discussion of a bill raising insurance premiums on bank deposits. Why would these premiums need to be raised?
What will be an ideal response?
Answer: The Federal Deposit Insurance Corporation, through its Bank Insurance Fund (BIF), insures the accounts of depositors in its member banks. If there are a great number of bank failures, then more and more funds will need to be drawn from the BIF, which would then have fewer banks from which to supply itself. Hence, the need to raise premiums among the insured banks that are left. More than 99 percent of the nation's commercial banks and savings institutions pay fees for membership in the FDIC. In return, the FDIC guarantees the safety of all accounts—checking, savings, and certificates of deposit (CDs)—of every account owner up to the current maximum of $250,000.
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Which of the following is not a behavior of an engaged follower?
a. the avoidance of organizational citizenship behavior b. taking responsibility for one’s own organizational development c. going beyond the basic requirements of his or her job d. embracing the responsibilities that the follower’s job entails
Facebook, Intuit, AB InBev, and others empower their recruiters to make offers on the spot when they interview college students, without knowing what specific position they will fill.These firms search for candidates with attributes such as being a self-starter and a problem-solver, and make quick offers to preempt the market. This is an example of which value chain support activity?
A. technology development B. human resource management C. operations D. procurement
Financial progress is measured more appropriately by an increase in net worth rather than by an increase in total assets
Indicate whether the statement is true or false
Use the following information about the current year's operations of a company to calculate cash provided (used) by operations. Net loss$6,000 Decrease in Accounts Payable 5,000 Increase in Accounts Receivable 3,000 Decrease in Merchandise Inventory 5,000 Increase in Salaries Payable 3,000 Depreciation Expense 9,000 Loss on Sale of Machinery 7,000
A. $(4,000). B. $(14,000). C. $(28,000). D. $10,000. E. $2,000.