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The Economic Recovery Act of 2008 Included a Temporary Increase

question 55

Multiple Choice

The Economic Recovery Act of 2008 included a temporary increase in the federal deposit insurance ceiling from $100,000 to $250,000.The likely objective was to ________.


Definitions:

Canadians

Refers to individuals from Canada, a country in North America known for its multicultural society and natural landscapes.

Legislation

Laws and legal statutes enacted by a governmental body to regulate, authorize, sanction, grant, declare, or restrict.

Federal Elections

The process by which officials are chosen for positions within the federal government, typically involving a vote by the populace.

Right to Vote

The legal entitlement allowing an individual to participate in choosing representatives in government or deciding on legislative issues.

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