Let's say that you have put $1,000 in your savings account at a local financial institution, and an employee of the bank tells you that the bank does not have the money you deposited in its vault (or anywhere else) in the bank. Could the employee be correct and, if so, then where is the money that you deposited into your savings account? Should you be worried about getting your deposit back from the bank? Why or why not? Explain how your deposit benefits the banking and financial system in the U.S.

This is NOT for a grade ( please don't decline)  Question 1: An American family goes on vacation to see h to r beautiful city of Cambridge England. They have budgeted $7000 to spend. How many pound Sterling will $7000 buy in month 1 vs month 2 and based on that when should they go vacation. Show your math  Question 2: Japan Airlines is interested in purchasing new commercial aircraft from US at a price of $102 million per aircraft. What is the difference in the yen price between month 1 and month 2 based on this what month is Japan airlines more likely to buy. Show Math  Question 3: An Irish family is buying Chinese Silk in a local retail store in Shanghai. Which month is it cheaper to buy. Show your math

Question 1. Bob has $50,000 in a checking account and $150,000 in his savings account at Big Bank. What is the total amount of FDIC insurance he has on these two accounts? Question 2. Sue has $50,000 in her checking account at Small Bank and $150,000 in a savings account at Big Bank. What is the total amount of FDIC insurance she has on these two accounts?

Topic: Banks and the Economy   For an economy to thrive, there must be a strong banking system. If the banks fail and must be bailed out, it will have an effect on the economy.   If people lose faith in the safety and security of financial institutions, what will happen to the U.S. economy?   Please use at least 100 words in your response.