anonymous
  • anonymous
Rex has several hundred thousand dollars to save, and he wants to keep it as safe as possible. What would you recommend Rex do to keep his money safe? a. Deposit the money in a bank, ideally in a single well-protected account. b. Deposit the money in a bank, but in several different accounts. c. Deposit the money in several banks, not putting too much money in any one. d. Keep the physical cash at home in a fireproof safe.
Mathematics
jamiebookeater
  • jamiebookeater
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anonymous
  • anonymous
anonymous
  • anonymous
anonymous
  • anonymous
In 2007, the FDIC’s insurance limit was $100,000 per person per bank. Approximately 62% of Gil’s deposits were insured by the FDIC. Which of the following was a possible setup for Gil’s deposits? a. A $13,000 money market account at Bank T; a $31,000 CD, $44,000 savings account, and $16,000 checking account at Bank U; a $70,000 CD and $28,000 money market account at Bank V b. A $54,000 checking account and $84,000 savings account at Bank T; a $28,000 money market account, $27,000 savings account, and $20,000 CD at Bank U; a $130,000 CD at bank V c. A $60,000 money market account and $70,000 savings account at Bank T; a $40,000 checking account and $92,000 savings account at Bank U; a $45,000 CD and $75,000 checking acount at Bank V d. A $108,000 savings account and $46,000 CD at Bank T; a $36,000 money market account and $38,000 CD at Bank U; a $63,000 checking account, $80,000 savings account, and $70,000 money market account at Bank V

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anonymous
  • anonymous
Which of the following is not a way in which the Federal Reserve (“the Fed”) and its policies affect banks? a. The Fed sets a maximum on the interest rates banks can charge for loans or credit. b. The Fed’s required reserve policy limits how much money banks can lend out. c. The Fed determines at what price banks must lend money to one another. d. The Fed serves as “the bank’s bank,” lending other banks money when necessary
anonymous
  • anonymous
princeharryyy
  • princeharryyy
Rex has several hundred thousand dollars to save, and he wants to keep it as safe as possible. What would you recommend Rex do to keep his money safe? a. Deposit the money in a bank, ideally in a single well-protected account. b. Deposit the money in a bank, but in several different accounts. c. Deposit the money in several banks, not putting too much money in any one. d. Keep the physical cash at home in a fireproof safe C))) it is.
anonymous
  • anonymous
and what about the other two
princeharryyy
  • princeharryyy
taking a look at the second one. trying to catch up with the options.
anonymous
  • anonymous
ok
princeharryyy
  • princeharryyy
For the third one Go through this ))) http://www.frbsf.org/education/teacher-resources/what-is-the-fed/monetary-policy
princeharryyy
  • princeharryyy
I'm sorry about the second one I am only getting the half point. Sorry about that.
anonymous
  • anonymous
thnks
princeharryyy
  • princeharryyy
:)

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