Most bank deposits in the United States are insured by the Federal Deposit Insurance Corporation (FDIC)

a. True
b. False
Indicate whether the statement is true or false

True

Economics

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Negative returns set in with the _____ worker.

Economics

Sam spends all of his income on textbooks and hot dogs. The price of a textbook is $40 and the price of a hot dog is $0.50

If Sam is maximizing his utility and the marginal utility he derives from the last textbook he purchases is 400, then the marginal utility he derives from his last hot dog purchased must be A) 400. B) 10. C) 5. D) 20.

Economics