With the Creation of the Federal Deposit Insurance Corporation,member Banks

question 37

Multiple Choice

With the creation of the Federal Deposit Insurance Corporation,member banks of the Federal Reserve System ________ to purchase FDIC insurance for their depositors,while non-member commercial banks ________ to buy deposit insurance.

• A)could choose;were required
• B)could choose;were given the option
• C)were required;could choose
• D)were required;were required

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Definitions:

Thymus

A small organ located in the upper chest, essential for the development of the body's immune system, particularly during early life.

Lymphoid Organs

Organs and tissues that produce, store, or process lymphocytes, which are critical components of the immune system; include lymph nodes, spleen, and thymus.

Adulthood

The stage of life when an individual is fully grown and has reached legal or biological maturity.

Subclavian Veins

Major veins on either side of the body that receive blood from the arms and transport it back to the heart.