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The Federal Deposit Insurance Corporation (FDIC) Part 2 A. assures depositors that their deposits will be fully recoverable (up to a maximum of $250,000 per
The Federal Deposit Insurance Corporation (FDIC) Part 2 A. assures depositors that their deposits will be fully recoverable (up to a maximum of $250,000 per depositor per institution) regardless of how serious a bank's financial situation may be. B. was created in 1933 to prevent bank runs that had been plaguing the economy during the Great Depression. C. creates moral hazard problems in that big banks take on more risk knowing the FDIC will consider them "too big to fail." D. All of the above
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