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Which of the following statements about deposit insurance is true? A. It provides banks with liquidity in the event of financial crisis B. It is

Which of the following statements about deposit insurance is true?

A. It provides banks with liquidity in the event of financial crisis

B. It is always provided free to banks by governments

C. It ensures that depositors will be repaid regardless of a bank's financial situation

D. It reduces the likelihood of a bank run

E. Both (c) and (d)

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