In the Context of Savings, Identify a True Statement

question 128

Multiple Choice

In the context of savings, identify a true statement.

• A) Interest rates on savings accounts have typically been uniform across banks.
• B) Online savings banks have often provided higher interest rates than traditional banks in recent years.
• C) The Federal Deposit Insurance Corporation is not eligible to insure deposits made in online savings banks.
• D) The Federal Deposit Insurance Corporation (FDIC) insures individual deposits up to $550,000 per account in FDIC-insured banks.

---

Definitions:

Self-Transcendence

According to Maslow, the striving for identity, meaning, and purpose beyond the self.

Unconditional Positive Regard

The practice of valuing a person without conditions or judgment, often emphasized in humanistic psychology as essential for healthy self-esteem and personal growth.

Self-Esteem

An individual’s overall subjective emotional evaluation of their own worth.

Conformity Pressures

Social influences that encourage individuals to match the attitudes, beliefs, or behaviors of a group.