As a General Rule, You Would Be Unwise to Keep

question 184

Multiple Choice

As a general rule, you would be unwise to keep a deposit at an FDIC-insured bank in an amount greater than

• A)20 percent of the bank's reserves.
• B)$1,000,000.
• C)$250,000.
• D)an infinite amount; there is no limit.

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Definitions:

Situational Attributions

Explanations of behavior that attribute actions to external, situational factors rather than internal traits.

Social Norm

Unwritten rules or expectations for behavior within a society or group, guiding members on how to act in typical situations.

Entrapment

A legal defense theory claiming that agents of the government induced a person to commit a crime they would not have otherwise committed.

Authority

In social psychology, it refers to the power or right to give orders, make decisions, and enforce obedience.