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Which of the following statements is true when you invest in a federally insured bank account? a) Given the federal insurance, you are taking no
Which of the following statements is true when you invest in a federally insured bank account?
a) Given the federal insurance, you are taking no risk
b) Although there is federal insurance, you are faced with liquidity risk
c) Even though there is federal insurance in place, you still face inflation risk
d) Given the federal insurance, you are taking significant business risk
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