asked 140k views
2 votes
How does the Federal Deposit Insurance Corporation continue to affect the American public today?

A. It redistributes wealth by providing housing loans to people in poor communities.
B. It strengthens confidence in the financial system by insuring bank deposits.
C. It allocates a portion of all bank deposits to federal reform initiatives.
D. It guarantees the safety of investments by regulating stock market speculation.

asked
User Vohrahul
by
8.1k points

2 Answers

2 votes

Answer:

B. It strengthens confidence in the financial system by insuring bank deposits.

answered
User DNT
by
7.5k points
1 vote

Answer: B

Step-by-step explanation:

answered
User KatieK
by
7.9k points
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