The FDIC

question 181

Multiple Choice

The FDIC

• A)insures most bank deposits for up to $250,000.
• B)eliminates the need for bank depositors to run to their bank when they hear bad news about the bank.
• C)has been credited with reducing the number of bank failures since 1933.
• D)All of these responses are correct.

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Definitions:

Argument By Analogy

A form of reasoning that compares two different things because of their similarities in some respects.

Alike

Similar in nature, appearance, or characteristics; having resemblance or correspondence.

Inductive Generalization

A reasoning process that involves drawing broad conclusions from specific instances.

Light

Electromagnetic radiation that is visible to the human eye and is responsible for the sense of sight.