Imagine that you have worked every summer for the last four years in order to save money to buy a car. You have 23,000 deposited in a savings account at your local bank. One day, you turn on the news and discover that the stock market is crashing and people are rushing to banks to withdraw all of their money. You:
A) panic and rush to your bank to withdraw your 23,000.
B) do not panic. Even though your bank is not FDIC insured, you know you will get your money.
C) do not panic. Your bank is FDIC insured, and you will receive a check for 23,000 if your bank fails.
D) panic. Even though your bank is FDIC insured, you are only guaranteed 10,000 and will not be able to buy a car.
E) do not panic. Your bank is FDIC insured, and you will receive a check for 23,000 plus 10 interest.
Question 2
Progressive Insurance is well known for its commitment to diversity. Recruiters at Progressive advertise jobs with ethnically diverse professional organizations, publications, and job boards. Hiring diverse employees ___________________ ______, which increases its understanding of the marketplace.
A) gives Progressive a market edge
B) allows Progressive to attract top talent
C) encourages creativity and innovation
D) helps Progressive simplify management integration
E) drives organizational efficiencies
In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it.
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