In the Ten Years After the FDIC Limit Was Increased

question 38

Multiple Choice

In the ten years after the FDIC limit was increased to $100,000:

• A)More than four times the number of banks and savings and loans failed than did during the first 46 years of FDIC's existence
• B)Less than one-fourth the number of banks and savings and loans failed than during the first 46 years of FDIC's existence
• C)The cost to taxpayers of failed institutions in that period was negligible because FDIC was in place
• D)About the same number of banks and savings and loans failed than did during the first 46 years of FDIC's existence

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Definitions:

Systematic Approach

A methodical, step-by-step process or strategy for addressing problems or organizing complex tasks.

Moral Therapy

A historical approach to mental illness that emphasized humane treatment, moral discipline, and the therapeutic value of a structured environment.

Clinical Psychiatry

The branch of medicine focused on the diagnosis, treatment, and prevention of mental, emotional, and behavioral disorders.