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27. The Resolution Trust Corporation insures bank deposits. True False 28. The banking system in the U.S. is based on: 1 fractional reserve banking. 2

27. The Resolution Trust Corporation insures bank deposits.

True

False

28. The banking system in the U.S. is based on:

1 fractional reserve banking.

2 0 percent reserve banking.

3 100 percent reserve banking.

4 none of the above.

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