The Major Protection Against Sudden Mass Attempt to Withdraw Cash

question 22

Multiple Choice

The major protection against sudden mass attempt to withdraw cash from banks is the:

• A) Federal Reserve.
• B) Consumer Protection Act.
• C) deposit insurance provided by the FDIC.
• D) gold and silver backing the dollar.

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Definitions:

Goodness

A moral quality that entails being virtuous, kind, and benevolent in nature.

Intentions

Planned or desired outcomes that an individual aims to achieve through specific actions.

Universal Conventions

Agreed-upon norms and standards that are accepted and practiced by a wide range of cultures and societies.

Autonomous Thinking

Independent thinking that is not influenced by others' opinions or beliefs; self-directed reasoning.