Creation of the FDIC encouraged reluctant depositors to put their money into the banking system. Aside from
Question:
Creation of the FDIC encouraged reluctant depositors to put their money into the banking system. Aside from the benefit of reducing the probability of a bank run, what other positive impact has this policy had in the performance of the overall economy?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (2 reviews)
The creation of the Federal Deposit Insurance Corporation FDIC in the United States had several positive impacts on the performance of the overall economy beyond just reducing the probability of bank ...View the full answer
Answered By
Deepak Pal
Hi there! Are you looking for a committed, reliable, and enthusiastic tutor? Well, teaching and learning are more of a second nature to me, having been raised by parents who are both teachers. I have done plenty of studying and lots of learning on many exciting and challenging topics. All these experiences have influenced my decision to take on the teaching role in various capacities. As a tutor, I am looking forward to getting to understand your needs and helping you achieve your academic goals. I'm highly flexible and contactable. I am available to work on short notice since I only prefer to work with very small and select groups of students. Areas of interest: Business, accounting, Project management, sociology, technology, computers, English, linguistics, media, philosophy, political science, statistics, data science, Excel, psychology, art, history, health education, gender studies, cultural studies, ethics, religion. I am also decent with math(s) & Programming. If you have a project you think I can take on, please feel welcome to invite me, and I'm going to check it out!
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Financial Markets And Institutions
ISBN: 9781292215006
9th Global Edition
Authors: Stanley Eakins Frederic Mishkin
Question Posted:
Students also viewed these Business questions
-
Creation of the FDIC encouraged reluctant depositors to put their money into the banking system. a) Aside from the benefit of reducing the probability of bank runs, what other positive impact has...
-
Read the case study "Southwest Airlines," found in Part 2 of your textbook. Review the "Guide to Case Analysis" found on pp. CA1 - CA11 of your textbook. (This guide follows the last case in the...
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
In Exercises 2748, find the open intervals where the functions are concave upward or concave downward. Find any inflection points. f(x) = 2e x2
-
Distinguish between regular audit documentation review and independent review and state the purpose of each. Give two examples of potential findings in each of these two types of review.
-
(a) For 1.0 mol of a monatomic ideal gas taken through the cycle in Figure, where V1 = 4.00V0, what is W/p0V0 as the gas goes from state a to state c along path abc what is Eint/p0V0 in going? (b)...
-
LO2 What are the requirements to qualify for the S corporation election?
-
The general ledger of Red Storm Cleaners at January 1, 2021, includes the following account balances: The following is a summary of the transactions for the year:1. March 12 Provide services to...
-
Question 4. A UK investor has identified two investment projects in Ghana, Menswear and Womenswear. Each of the projects requires start-up capital of 50,000.00 respectively. The project will use...
-
Discuss the role of financial regulation in a world moving toward financial deregulation.
-
The Office of the Comptroller of the Currency is responsible for many of the regulations affecting bank operations. Go to www.occ.treas.gov/. Click on "Law and Regulations" in the far-right column...
-
What is the main advantage of holding a stock mutual fund over an individual stock?
-
"The power of globalization is not about leveraging economies of scale. It's about leveraging economies of knowledge and coordination figuring out how not to reinvent the wheel everywhere you do...
-
What is the discount rate? PV = 7 0 0 ; t = 5 year period; FV = 1 0 0 0
-
How is planning illustrated in this case story? How is strategic management illustrated in this case story? The new CEO stated that the CEO's job is to give employees a point of view. Explain what...
-
Explain the Following Questions: 1. What essential characteristics exist in a proper understanding of "personal mastery," so that as an individual achieves greater progress in this discipline, they...
-
Few people want to eat discolored french fries. Potatoes are kept refrigerated before being cut for french fries to prevent spoiling and preserve flavor. But immediate processing of cold potatoes...
-
At December 31, 2016, Pioneer Corporation reported the stockholders' equity accounts shown here (with dollar amounts in millions, except per-share amounts). Common stock $3.00 par value per share, 22...
-
Identify the Critical Infrastructure Physical Protection System Plan.
-
What is the difference between an IRA and a Keogh account?
-
Describe the pay as you go funding method that is used by many federal and state or local government pension funds. What is the problem with this method that may damage the long- term viability of...
-
Describe the different pension funds sponsored by the federal government?
-
1. The market price of a bond issued at a discount is the present value of its principal amount at the market (effective) rate of interest a. Less the present value of all future interest payments at...
-
Required information Problem 10-27 Schedule of cost of goods manufactured and sold LO 10-3 [The following information applies to the questions displayed below.] Antioch Company makes eBook readers....
-
View Policies Current Attempt in Progress On October 31, the stockholders equity section of Ivanhoe Company's balance sheet consists of common stock $332.000 and retained earnings $393,000. Ivanhoe...
Study smarter with the SolutionInn App