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11 March, 14:50

What is the purpose of the Federal Deposit Insurance Corporation (FDIC) ?

A. to make sure that banks do not fail

B. to make sure that customers do not lose money if a bank fails

C. to make sure that banks charge a fair amount of interest on loans

D. to make sure that the government has enough gold to cover its expenses

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  1. 11 March, 18:36
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    Answer: A

    Explanation: The FDIC's purpose was to provide stability to the economy and the failing banking system.
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