Which of the Following Did the Financial Institutions Reform, Recovery

question 59

Multiple Choice

Which of the following did the Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA) not do?

• A)injected $50 billion-raised by issuing taxpayer-financed bonds-into a newly created SAIF
• B)created the Office of Thrift Supervision (OTS) and Resolution Trust Corporation (RTC)
• C)relaxed restrictions on the investments S&Ls could make
• D)made deposit insurance the full-faith and credit obligation of the federal government

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Definitions:

Voltage Output

The electric potential difference delivered by a power source or circuit, measured in volts.

AC Voltage Leakage

Unintended flow of alternating current (AC) outside its intended circuit path, which can pose safety hazards.

Maximum Allowable

The highest permissible limit or value for a parameter, often established for safety, performance, or regulatory reasons.

Pulse-Width Modulated

A modulation technique used to control the power delivered to an electrical device by varying the width of the pulses in a pulse train to adjust the volume, brightness, or speed of the device.