Alan puts $20,000 in an uninsured savings account at the Boston National Bank. Susie borrows $20,000 from the Boston National Bank, flies to a Central African country, and is never heard from again. Which of the following is true in this case?
a. Alan will lose her $20,000
b. Alan will lose her $20,000 if she and Norma are related.
c. Alan will lose her $20,000 if the First National Bank makes all of its loans to people who run off to South Pacific islands.
d. Alan will not lose her $20,000 no matter what happens to the First National Bank.
e. Alan will not lose her $20,000 unless the Fed fails
c
Economics
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