Although the FDIC Was Created to Prevent Bank Failures,its Existence

question 14

Multiple Choice

Although the FDIC was created to prevent bank failures,its existence encourages banks to

• A)take too much risk.
• B)hold too much capital.
• C)open too many branches.
• D)buy too much stock.

---

Definitions:

Immediate Responsibilities

Tasks or obligations that require prompt attention and immediate action within a professional or personal setting.

Contextual Resilience

The ability of an entity, such as a community or ecological system, to withstand and adapt to changing conditions or shocks while maintaining its essential functions.

High Degree

A level of academic achievement such as a master's or doctorate that is higher than a bachelor's degree, indicating advanced knowledge and study in a particular field.

Personal Integrity

The quality of being honest and having strong moral principles, which guide one's behavior and decisions consistently.