The government agency that makes sure that customers' money is safe if a bank fails:
a. Ponzi Depository
b. FDIC
c. Federal Reserve
d. NASDAQ
Ans: b. FDIC
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A current concern about Social Security is that
A) funds set aside by past generations to pay benefits for future generations are growing too rapidly and may trigger inflation. B) promised benefit payouts are growing more rapidly than likely sources of revenues, indicating a future inability to keep the system operating. C) continued political bickering between the president and Congress could lead to an end to any funding of the program. D) the payroll taxes used to fund the program are being eliminated as part of an effort to generate employment increases, thus leaving the program bankrupt.
The bargaining power of customers is not one of Porter's five forces
Indicate whether the statement is true or false