What does the sticker in this illustration represent to patrons of this bank? A) Restrictions on the federal government's ability to set prime interest rates B) The power of the federal government to privatize the bank in order to stimulate economic growth C) Limitations on the role of the federal government in providing home loans D) The federal government's assurance of protection on individual bank deposits

Answer:

D) The federal government's assurance of protection on individual bank deposits

Explanation:

The federal government's assurance of protection on individual bank deposits the sticker in this illustration represents to patrons of this bank. The correct option is D.

Deposits are guaranteed up to a maximum of $250,000 per depositor, per FDIC-insured bank, and per ownership category. Deposit insurance is calculated on the basis of the depositor's principal plus any interest accrued or due up to the date of default.

the Federal Deposit Insurance Corporation (FDIC) program. The FDIC is a United States government corporation that provides insurance to depositors in case their bank fails. This means that if an insured bank fails, the FDIC will reimburse depositors up to a certain amount per account.

The FDIC was created in 1933 in response to the widespread bank failures of the Great Depression. Its mission is to maintain stability and public confidence in the nation's financial system.

Thus, the ideal selection is option D.

Learn more about Federal Deposit Insurance here:

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Who was the main Military organizer of the revolt at Sobibor?

Which statement best summarizes China's trade relationship with Europe
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A. China established spheres of influence that encouraged
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B. China hoped to imitate European technology and bought huge
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O C. China was willing to import European goods but would not export
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O D. China had little interest in European goods and resisted pressure
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28.
Who is known as the father of modern China?

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Question 2 of 10
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SUBMIT

15 POINTS!!!
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