Which of the Following Represents a Preventative Measure Against Bank

question 13

Multiple Choice

Which of the following represents a preventative measure against bank runs?

• A) The President of the United States can order banks to pay depositors.
• B) The Federal Reserve can lower reserve requirements to ensure that banks have sufficient funds.
• C) The FDIC provides deposit insurance.
• D) None of the above is correct.

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Definitions:

Emancipation Proclamation

Declaration issued by President Abraham Lincoln; the preliminary proclamation on September 22, 1862, freed the slaves in areas under Confederate control as of January 1, 1863, the date of the final proclamation, which also authorized the enrollment of black soldiers into the Union army.

Delayed

Postponed or made later than originally planned or expected.

Battle of Antietam

A pivotal Civil War battle fought on September 17, 1862, known for being the bloodiest single-day conflict in American history.

Enslaved People

Individuals who are forcibly taken into slavery and owned or controlled entirely by another person or group.