Answer:
Option C: Insures peoples' checking and savings account up to a certain dollar amount.
<h2 /><h2>What is the FDIC?</h2>
The FDIC, also known as the Federal Deposit Insurance Corporation, is a public corporation that was established in 1933 as one of Roosevelt New Deal programs to help build America's economy again and help the country through the ending stages of the Depression. The purpose of the FDIC is too insure, up to a specified amount, all demand deposits of member banks.
So in other words, it protects depositors of insured banks against loss of their deposits if the bank fails.
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To pass an amendment in Congress both the Senate and the House of representatives must have 2/3 vote to ratify. The amendment can also be ratified by constitutional convention in which the states vote, requiring 28 states to vote yes.
C Class Characteristics are properties of physical evidence that can be associated only with a group and never with a single source
Answer:
d) redistributive taxation is unjust unless it remedies some past injustice
Explanation:
Rawls and Nozick were two American Philosophers, who took stand for inequality and injustice in U.S.
They both oppose the progressive system, which favors increase of tax as a share of the base size increases.
According to Rawls and Nozick, redistributive taxation should provide benefit to the people who have faced injustice in past through any mechanism such as schools, direct transfer, health care or other program that improve prospects of the poorest and injustice people.
Hence, the correct answer is d.
