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27 August, 06:49

The FDIC's role in insuring the deposits in banks is an example of the direct role of the government.

Question 4 options:

True

False

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Answers (1)
  1. 27 August, 07:00
    0
    True

    Explanation:

    This is case as the FDIC is a government creation, it presence creates confidence in the banking system and bank customers are sure that they would recover some of their savings if their bank goes bankrupts.
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