Eileen Puts $10,000 in a Federally Insured Checking Account at the First

question 154

Multiple Choice

Eileen puts $10,000 in a federally insured checking account at the First National Bank.Norma borrows $10,000 from the First National Bank,flies to a South Pacific island,and is never heard from again.Which of the following is true?

• A)Eileen will lose her $10,000.
• B)Eileen will lose her $10,000 if she and Norma are related.
• C)Eileen will lose her $10,000 if the First National Bank makes all of its loans to people who run off to South Pacific islands.
• D)Eileen will not lose her $10,000 no matter what happens to the First National Bank.
• E)Eileen will not lose her $10,000 unless there is a run on the First National Bank.

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Definitions:

Appetite

The natural desire to satisfy a bodily need, especially for food.

Fat Metabolism

The biochemical process involving the breakdown and synthesis of fats in the body for energy production and storage.

Central Nervous System

The part of the nervous system consisting of the brain and the spinal cord that processes information and directs activity.

Spinal Cord

A long, thin, tubular bundle of nervous tissue and support cells that extends from the brain down the length of the vertebral column, responsible for transmitting nerve signals to and from the brain to the rest of the body.