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Which best describes why the Federal Deposit Insurance Corporation (FDIC) was created? to reduce the number of bank runs to secure money placed in banks to force failing banks t…

Which best describes why the Federal Deposit Insurance Corporation (FDIC) was created? to reduce the number of bank runs to secure money placed in banks to force failing banks t…
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7 votes
Which best describes why the Federal Deposit Insurance Corporation (FDIC) was created?

to reduce the number of bank runs
to secure money placed in banks
to force failing banks to close
to support recovery among banks

Which best describes why the Federal Deposit Insurance Corporation (FDIC) was created-example-1
asked
User Kjetil Joergensen
by
7.6k points

1 Answer

6 votes

Answer:

b

Step-by-step explanation:

answered
User BRHSM
by
7.8k points
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