Author Question: Which of the following is true of the FDIC? a. It controls the operations of all commercial banks ... (Read 62 times)

jake · **on:** Jun 30, 2018

Which of the following is true of the FDIC?
a. It controls the operations of all commercial banks in the U.S.
b. It exists only in the countries of North America and Europe.
c. It covers depositors against losses up to 500,000 in a bank account.
d. It is a federal agency that insures bank deposits in commercial banks.
e. It is a financial institution that uses cost-plus pricing.

Question 2

If buyers expected the future price of a good to decrease, it would tend to increase the current quantity exchanged.
a. True
b. False
Indicate whether the statement is true or false