The Primary Purpose of Deposit Insurance Is to

question 54

Multiple Choice

The primary purpose of deposit insurance is to

• A)improve the flow of information to investors.
• B)prevent banking panics.
• C)protect bank shareholders against losses.
• D)protect bank employees from unemployment.

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Definitions:

Cephalization

The evolutionary trend towards concentrating sensory and neural organs at the anterior end of an organism.

Nerve Nets

Simplest form of a nervous system found in invertebrates, consisting of a network of interconnected nerve fibers.

Connective Tissue

Tissue that supports, binds, or separates other tissues or organs, with various types including bone, cartilage, fat, blood, and lymph.

Neuron Fibers

Long, slender projections of nerve cells that transmit electrical impulses throughout the nervous system.