The Federal Deposit Insurance Corporation (FDIC) insures individual deposits up to $250,000 per account in FDIC-insured banks.

Answer the following statement true (T) or false (F)


True

The FDIC is an independent agency created by Congress to maintain stability and public confidence in the nation's financial system, primarily by insuring bank deposits. The FDIC insures individual deposits up to $250,000 per account in FDIC-insured banks. See A-2: Your Savings: Building a Safety Net

History

You might also like to view...

What characterized life for most plantation mistresses?

A) ?Isolation, drudgery, and humiliation.? B) An endless round of parties and dances.? C) ?Frequent trips to town to buy new gowns. D) ?Secret abolitionist activity. E) ?Hours of exposure each day to the sun, as they supervised the slaves.

History

Around 1200 BCE, the so-called ____________ led to the decline and dissolution of the Near Eastern empires.

a. Iron Age Collapse. b. Battle of Qadesh. c. Bronze Age Collapse. d. Trojan War.

History

In the Philippine Insurrection, the United States

a. easily put down the insurrection of a small minority of Filipino people b. with great difficulty suppressed a revolt that the majority of the Filipino people supported c. defended the islands against the attempt of the former Spanish rulers to retake them d. protected the inhabitants from the efforts of the Japanese to take over the islands. e. crushed the rebellion with a great loss of American forces.

History

As an institution, motherhood grants and withholds all of the following types of supports except:

a. material. b. institutional. c. cultural. d. political.

History