Question

pregunta 55 (2 puntos)
what does fdic stand for?
a federal district insurance corporation
b federal deposit interest contract
c federal department of insurance corporation
d federal deposit insurance corporation

pregunta 56 (2 puntos)
the period of increased economic growth in the business cycle is called __; while the period of decreased economic growth is called __.
a expansion; contraction
b contraction; trough
c contraction; expansion
d trough; contraction

Explanation:

• Pregunta 55: FDIC is a U.S. federal agency that insures bank deposits, and its full name is the Federal Deposit Insurance Corporation.
• Pregunta 56: In business cycle terminology, expansion refers to the phase of rising economic activity, while contraction is the phase of declining economic growth.

Answer:

Pregunta 55: d. Federal Deposit Insurance Corporation
Pregunta 56: a. expansion; contraction