Multiple Choice
The Federal Deposit Insurance Reform Act of 2005 did all of the following except
A) merge the Savings Association Insurance Fund with the FDIC.
B) increase the insurance amount on retirement accounts to $250,000.
C) indexed the amount of deposit insurance to inflation beginning in 2010.
D) increased the insurance amount on ordinary accounts to $250,000.
Correct Answer:
Verified
Correct Answer:
Verified
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