Which of the Following Statements About the FDIC Is Correct

question 368

Multiple Choice

Which of the following statements about the FDIC is correct? I. The deposit insurance premiums charged by the FDIC to a member bank fully reflect the riskiness of that bank's assets
II) The manner in which the FDIC is set up helps protect depository institutions from the rigors of true market competition

• A) I only
• B) II only
• C) Both I and II
• D) Neither I nor II

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Definitions:

Productivity

The measure of the efficiency of a person, machine, factory, system, etc., in converting inputs into useful outputs.

Similar Productivity Characteristics

Attributes that enable different firms or workers to produce outputs at comparable rates, efficiency levels, or with similar resource requirements.

Employment Discrimination

Unfair treatment of employees or job applicants based on personal attributes such as race, gender, age, or sexual orientation, rather than their qualifications or performance.

Nonmonetary Attractiveness

The appeal of something based on non-financial factors, such as location, reputation, or quality of life.