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When a Bank Fails, the Government Protects Customers by

Question 22

Multiple Choice

When a bank fails, the government protects customers by


A) transferring customer deposits into another bank.
B) having the FDIC take over the bank.
C) stacking government employees on the bank's board of directors.
D) taking the bank's profits and giving them to depositors.
E) closing the bank and opening a shopping mall in that location.

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