As a general rule, you would be unwise to keep a deposit at an FDIC-insured bank in an amount greater than
A. 20 percent of the bank’s reserves.
B. $1,000,000.
C. $250,000.
D. an infinite amount; there is no limit.
Answer: C
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Refer to the Article Summary. Implementing a negative interest rate policy, as was advocated by the president of the Federal Reserve Bank of Minneapolis, would be an example of ________ monetary policy designed to ________ aggregate demand
A) contractionary; increase B) expansionary; increase C) expansionary; decrease D) contractionary; decrease
The dates of the "official" peaks and troughs of business cycles in the United States are determined by the:
A. Congressional Budget Office. B. Federal Reserve Board. C. Council of Economic Advisers. D. National Bureau of Economic Research
An increase in planned investment will shift the
What will be an ideal response?
Policy makers with conservative values usually ask for policy recommendations from:
A. "liberal" economists. B. all economists. C. both "liberal" and "conservative" economists. D. "conservative" economists.