BUSN 3320 Money and Banking Class QUESTION 15 1. Being adequately capitalized means that a there are sufficient liquid assets on the bank's balance sheet to meet all expected and unexpected withdrawals of deposits within a time frame of one week. True False QUESTION 16 1. A bank is insolvent when its assets exceed its liabilities. its capital exceeds its liabilities. Cits assets increase in value. its liabilities exceed its assets. QUESTION 17 1. Base your answer on FDIC data ((Use data for period ending December 31st) https://research2.fdic.gov/bankfind/ Bank of America, National Association 100 N Tryon St Charlotte, NC 28202 FDIC Certificate #: 3510 For the year ended 12/31/2007 Bank of America recorded Percent of loans charged-off, net" at .2%. (20 basis points). True False