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Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559 Exercise 65
Circle the letter that corresponds to the best answer. Which statement is false?
A) About 99 percent of all banks are members of the FDIC.
B) If the FDIC runs out of money, the federal government will supply it with more funds.
C) The FDIC would rather have another bank take over an ailing institution than be forced to pay off its depositors.
D) None of the above.
A) About 99 percent of all banks are members of the FDIC.
B) If the FDIC runs out of money, the federal government will supply it with more funds.
C) The FDIC would rather have another bank take over an ailing institution than be forced to pay off its depositors.
D) None of the above.
Explanation
Verified
Verified
All the national banks are required to c...
Macroeconomics 11th Edition by Stephen Slavin
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