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In the Ten Years After the FDIC Limit Was Increased

Question 38

Multiple Choice

In the ten years after the FDIC limit was increased to $100,000:


A) More than four times the number of banks and savings and loans failed than did during the first 46 years of FDIC's existence
B) Less than one-fourth the number of banks and savings and loans failed than during the first 46 years of FDIC's existence
C) The cost to taxpayers of failed institutions in that period was negligible because FDIC was in place
D) About the same number of banks and savings and loans failed than did during the first 46 years of FDIC's existence

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