During the Financial Crisis That Began in 2008, What Was

question 94

Multiple Choice

During the financial crisis that began in 2008, what was the key aspect in banks that made savers comfortable that their money was safe?

• A) Congress was watching over the banks.
• B) The Federal Reserve did not let any banks fail.
• C) Deposits were insured up to $250,000 by FDIC.
• D) Bailouts protected the savers.

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Definitions:

Childhood Diseases

Illnesses commonly diagnosed in children, ranging from mild conditions like chickenpox to more serious illnesses.

Heart Disease

A range of conditions affecting the heart, including coronary artery disease, heart attacks, and heart failure.

Cigarette Smoking

The act of inhaling and exhaling the smoke from burning tobacco encased in cigarettes, a habit associated with health risks.