Weegy: Which of the following government agencies does not regulate banking or financial markets? D. The OCC.
User: If the FDIC has an insurance fund of $67.8 billion and must use 7.6% of it to cover several failed banks, approximately how much money is left in the fund?
a.
$5,153 million
b.
$57.49 billion
c.
$72.95 billion
d.
$62.65 billion
Weegy: $62.65 billion is the money left in the fund.
***67.8 x .076 = 5.1528.
67.8 - 5.1528= 62.6472
User: 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.
(More)