The Federal Deposit Insurance Corporation insures
a. savings accounts against unlawful transfer into checking accounts.
b. bank deposits against the failure of an individual bank.
c. that the bank will maintain sufficient required reserves.
d. bank buildings and property against fire and theft.
b
You might also like to view...
The difference between fiscal policy and monetary policy is that
a. fiscal policy is macroeconomic policy and monetary policy is microeconomic policy b. monetary policy is macroeconomic policy and fiscal policy is microeconomic policy c. fiscal policy involves regulation of natural monopolies and monetary policy involves the provision of public goods d. monetary policy involves regulation of the money supply and fiscal policy involves government spending and taxing e. fiscal policy involves the promotion of competition and monetary policy involves collecting money to pay for taxes
When the general price level in our economy increases, which of the following effects does NOT occur?
A. Our net exports will tend to decrease. B. The interest rate will also tend to increase. C. Foreign buyers will buy less of our output, and we tend to import more. D. The purchasing power of people's savings will increase.
Which statement concerning monopolistic competition is false?
A. Firms may experience losses in the short run. B. In the long run P = ATC > MC. C. Firms differentiate their products, but the products are relatively substitutable. D. Firms may experience positive economic profits in the long run since barriers to entry are significant.
One of the most important thing we might do to lower our trade deficit is
A. raise the excise tax on gasoline. B. lower the personal income tax. C. prevent the Japanese from building automobile factories in the United States. D. tax our exports.