Multiple Choice
A system that guarantees that depositors will not lose money even if the bank goes bankrupt is known as
A) deposit insurance.
B) banking regulation..
C) reserve.
D) None of the above is correct.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q85: Fiat money is money<br>A)backed by land.<br>B)backed by
Q86: Bankers' business decisions effect the money supply
Q87: The balance sheet of a solvent bank
Q88: Which of the following is a reason
Q89: The major contribution of goldsmiths to the
Q91: Banks are required to keep a minimum
Q92: Banks will keep excess reserves when<br>A)they do
Q93: Most checkable deposits are insured up to
Q94: The money multiplier yielded by the deposit-creation
Q95: Most bank deposits in the United States