Which of the Following Certificates of Deposit Is Not Covered

question 52

Multiple Choice

Which of the following certificates of deposit is not covered by bank deposit insurance offered by the FDIC?

• A)investment certificate
• B)variable-rate certificate of deposit
• C)bump-up certificate of deposit
• D)brokered certificate of deposit

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Definitions:

Long Run

A period in which all factors of production and costs are variable, allowing for all adjustments to be made within an economy or firm.

Fixed Input

Inputs used in production that cannot be varied in the short term, such as buildings or machinery.

Plant Size

The physical capacity or dimensions of a manufacturing facility.

Implicit Costs

They represent the opportunity costs of using resources that a company already owns, rather than the out-of-pocket expenses.