Currently, deposits are insured by the FDIC up to ___________ per depositor per bank.   Question 11 options:   a)  $1,000,000.   b)  $250,000.   c)  $10,000.   d)  $100,000.

3. Money held by the public that includes demand deposits is measured as (A) M1 (B) M2 (C) MO (D) Fiat money (E) Commodity money

Some of the key functions of banks include:I. Ensuring that customers have confidence in the bank's ability to keep their money safe.II. Facilitating access to bank funds at reasonable, market-based interest rates.III. Mediating between the short-term needs of savers and the long-term needs of borrowers.IV. Facilitating the quick and easy sale of demand deposits.V. Reducing information asymmetry between lenders and borrowers.VI. Facilitating investment in high return, liquid assets. Question 19Answer a. II, III, V and VI only. b. I, II, III, V and VI only. c. I, II, III, and IV only d. I and II only

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