While deposit insurance was designed to make the banking industry ...

[go.lag]

While deposit insurance was designed to make the banking industry more stable, it contributed to the banking crisis of the 1980s because:
 a. the FDIC only insured commercial banks.
 b. the ceiling on insured deposits was too low.
 c. too many banks were insufficiently insured.
 d. depositors became too complacent about the risks that the banks were taking.
  e. unsafe banks were kicked out of the deposit insurance system.

Question 2

Which of the following is the prime objective of an industrial policy for any country?
 a. To secure a leading global role for selected domestic industries
  b. To promote and encourage the import of goods and services
  c. To secure the interests of migrant workers
 d. To encourage specialization of labor
 e. To ensure a high level of competition for domestic firms

[chjcharjto14]

Answer to Question 1

d

Answer to Question 2

a

[go.lag]

Thank you

[chjcharjto14]

Happy to help you