Statement I: More Than 99 Percent of All Banks Are

question 199

Multiple Choice

Statement I: More than 99 percent of all banks are members of the FDIC.
Statement II: The FDIC was responsible for the savings and loan debacle.

• A)Statement I is true and statement II is false.
• B)Statement II is true and statement I is false.
• C)Both statements are true.
• D)Both statements are false.