BUSN 3320 Money and Banking Class QUESTION 34 1. Deposit insurance supplied by the FDIC reduces the chances of bank runs since depositors are confident that their insured deposits are not at risk. True False QUESTION 35 1. FDIC deposit insurance covers the depositors of a failed FDIC-insured depository institution dollar-for-dollar only for principal, not for accrued interest. True False QUESTION 36 1. If your deposits are uninsured at Bank X it is not necessary to monitor the financial condition of Bank X because you can simply withdraw your money if the bank managers announce the bank is having financial difficulties. True False