bricenshepard bricenshepard
  • 17-10-2019
  • Business
contestada

The FDIC's role in insuring the deposits in banks is an example of the direct role of the government.

Question 4 options:
True
False

Respuesta :

waidigbenro waidigbenro
  • 12-11-2019

Answer:

True

Explanation:

This is case as the FDIC is a government creation, it presence creates confidence in the banking system and bank customers are sure that they would recover some of their savings if their bank goes bankrupts.  

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