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Oy o What backstop (s) exist to allow banks to hold very little equity on their balance sheets? A. They have the ability to borrow

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Oy o What backstop (s) exist to allow banks to hold very little equity on their balance sheets? A. They have the ability to borrow from each other (Fed Funds) B. They have the ability to borrow from the Federal Reserve (discount window) C. Depositors are insured up to $250,000 by the FDIC D. A & B only are correct E. A, B, & C are all correct B OD Oy o What backstop (s) exist to allow banks to hold very little equity on their balance sheets? A. They have the ability to borrow from each other (Fed Funds) B. They have the ability to borrow from the Federal Reserve (discount window) C. Depositors are insured up to $250,000 by the FDIC D. A & B only are correct E. A, B, & C are all correct B OD

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