Which of the following antebellum banking innovations was the forerunner of the modern Federal Deposit Insurance Corporation (FDIC)?
a. the Suffolk System
b. the Safety Fund Act
c. the Forstall System
d. the bimetallic standard
b. the Safety Fund Act
You might also like to view...
Collusion occurs when firms ________
A) charge a price equal to their marginal cost of production B) conspire to set the quantity they produce or the prices they charge C) compete with each other by setting a price slightly lower than the rival's price D) compete with each other by differentiating their products
The primary goal of the European Central Bank is
A) price stability. B) exchange rate stability. C) interest rate stability. D) high employment.
Tiffany gives $50 to Jeremy for his birthday. This is an example of a(n)
A) involuntary transfer. B) involuntary-voluntary transfer. C) voluntary transfer. D) gift. E) c and d
Entry fees at national parks and monuments are an example of:
A. the benefits-received principle of taxation. B. government bureaucracy and inefficiency. C. the principle of limited and bundled choice. D. the ability-to-pay principle of taxation.