All banks located in the European Union offer deposits that are insured for ________ euros,although depositors are subject to a ________ in the event of loss.
A) 100,000; 2.5 percent insurance premium
B) 50,000; 95 percent recovery rate
C) 50,000; 10 percent deductible
D) 45,000; 5 percent fine
E) 75,000; 90 percent recovery rate
Correct Answer:
Verified
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