Probably the most significant factor explaining the drastic drop in the number of bank failures since the Great Depression has been
A. the creation of the FDIC.
B. rapid economic growth since 1941.
C. the employment of new procedures by the Federal Reserve.
D. better bank management.
Answer:A
Probably the most significant factor explaining the drastic drop in the number of bank failures since the Great Depression has been
A. the creation of the FDIC. B. rapid economic growth since 1941. C. the employment of new procedures by the Federal Reserve. D. better bank management.