In the 2008 Credit Crisis,the FDIC Increased the Limit on Insured

question 25

Multiple Choice

In the 2008 credit crisis,the FDIC increased the limit on insured deposits from

• A)$50,000 to $100,000.
• B)$100,000 to $200,000.
• C)$100,000 to $250,000.
• D)$250,000 to $500,000.

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Definitions:

Internal Control Relay

A virtual relay used within a PLC program to perform logic operations without physical hardware.

Output Field Device

Output field devices are components in a control system that receive signals from a controller to perform actions, such as actuators, valves, or lights, translating control signals into physical operations.

Programmed Logic

The application of logical operations to inputs to achieve a desired output, often implemented in programmable logic controllers (PLCs) or software.

XIC Instruction

A logical instruction used in PLC programming that stands for "Examine if Closed," checking if a condition is true (input or contact is on).