Probably the most important feature of deposit insurance is that it:
A) is paid for by the federal government.
B) costs so little to buy the policies to keep your money safe.
C) protects the economy against bank runs.
D) ensures that banks will always make a profit.
Correct Answer:
Verified
Q100: Bank reserves are:
A) the fraction of deposits
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A) results in the
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Q106: Suppose that the reserve ratio is 20%.
Q107: The guarantee by the FDIC to reimburse
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Q109: Which example of bank regulations is NOT
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