The government provides deposit insurance

The government provides deposit insurance

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Reference no: EM13331732

The government provides deposit insurance, which protects:

A) large corporate deposit accounts, but only the amounts that exceed the $100,000 deductible.

B) the deposits of banks in their Federal Reserve accounts.

C) depositors for up to $100,000 should a bank fail.

D) the deposits that people have, but only for federally chartered banks.

Reference no: EM13331732

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