Question

The establishment of the FDIC created a time consistency issue. True or false?

The establishment of the FDIC created a time consistency issue.

True or false?

Homework Answers

Answer #1

The establishment of the FDIC created a time consistency issue...TRUE

The FDIC, also known as Federal Deposit Insurance Corporation is a United States government corporation that gives deposit insurance to depositors in US banks. Economist argue that when the chips are down, the regulators of the bank will have the stomach for imposing losses on uninsured creditors or depositors of a large bank even when they have talked tough about doing so over the years, and gave a fancy term "time inconsistency" problem.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Which of the following about Glass-Steagall are true? I. It established the FDIC. II. Separated commercial...
Which of the following about Glass-Steagall are true? I. It established the FDIC. II. Separated commercial banking from investment banking. III. Forbade commercial banks from underwriting any securities. IV. Allowed the establishment of bank holding companies. V. Allowed the Federal Reserve to oversee commercial bank activity.
true or false? companies may not report internally created assets, such as the value of a...
true or false? companies may not report internally created assets, such as the value of a successful marketing campaign, design innovations and a highly motivated work force on their balance sheets
When veritable oils are used at high temperatures repeatedly, transfats may be created. True or False
When veritable oils are used at high temperatures repeatedly, transfats may be created. True or False
TRUE /FALSE 144. Disruptive Technologies can only be created by new, entrepreneurial companies, not from within...
TRUE /FALSE 144. Disruptive Technologies can only be created by new, entrepreneurial companies, not from within an existing company. 145. Which one of the following is a synonym for “Disruptive” in regard to Disruptive Technologies?         A. Dialectic                 B. Legacy                  C. Emerging                       D. Passive                   E. Uproarious TRUE/FALSE: Each of the following two questions starts as: “Clayton Christianson’s research showed that: “ 146. companies spending too much time on their one best client led to their downfall as a company. 147....
Please CLEARLY indicate if the following statement is TRUE or FALSE: “The multinational enterprises created through...
Please CLEARLY indicate if the following statement is TRUE or FALSE: “The multinational enterprises created through Foreign Direct Investment use local suppliers and this is their advantage.” Please indicate clearly your answer (true/false). And then please kindly explain why. Do not provide general definitions of concepts and irrelevant information.
The FDIC was founded during the Great Depression, banks were crashing and citizens couldn't withdraw their...
The FDIC was founded during the Great Depression, banks were crashing and citizens couldn't withdraw their money. Or true or false
When the following institution failed and the FDIC became the receiver, depositors had to wait one...
When the following institution failed and the FDIC became the receiver, depositors had to wait one month before they had access to their funds. First NBC Bank 210 Baronne Street New Orleans, LA 70112 FDIC Certificate #: 58302 True False
When the Federal Deposit Insurance Corporation (FDIC) created deposit insurance after the Great Depression, what effect...
When the Federal Deposit Insurance Corporation (FDIC) created deposit insurance after the Great Depression, what effect did this have on the occurrence of bank runs? Did the introduction of deposit insurance have the same effect on other financial markets, such as the stock or bond market? Explain.
The role of loyalty in whistle-blowing is always a clear-cut issue. True False
The role of loyalty in whistle-blowing is always a clear-cut issue. True False
Please CLEARLY indicate if the following statement is TRUE or FALSE: “The multinational enterprises created through...
Please CLEARLY indicate if the following statement is TRUE or FALSE: “The multinational enterprises created through Foreign Direct Investment use local suppliers and this is their advantage.” Please indicate clearly your answer (true/false). And then please kindly explain why. Do not provide general definitions of concepts and irrelevant information. If you already advised me on this question, please ignore it as I’m looking for a second opinion.