Which of the Following Is a Reason That Has Made

question 32

Multiple Choice

Which of the following is a reason that has made IRA and Keogh accounts more attractive to depositors recently?

• A)Most of these accounts carry floating interest rates
• B)These accounts now represent more than half of total deposits of FDIC insured banks
• C)Individuals can deposit unlimited amounts in these accounts
• D)Banks need to pay at least 6% on these accounts to depositors
• E)Increase in FDIC insurance coverage to $250,000 on these accounts

---

Definitions:

Lower Esophageal Sphincter

A muscular ring at the lower end of the esophagus that controls the flow of food from the esophagus into the stomach.

Alimentary Canal

The digestive tube extending from the mouth to the anus, through which food is ingested, digested, absorbed, and waste material expelled.

Amylase

An enzyme that catalyzes the hydrolysis of starch into sugars, found in the saliva and pancreatic fluid of humans.

Starch

A carbohydrate consisting of a large number of glucose units, serving as a major energy source from food.