The primary purpose of the FDIC is to reduce the potential for A. bank runs. B. reserve cheating. C. government regulations. D.
excessive interest rates.
1 answer:
Answer:
A. bank runs
Explanation:
The federal deposit insurance corporation insures the deposits of customers of deposit institutions in the US.
They provide stability to financial institutions and increases the confidence of the public in financial institutions. This reduces banks runs.
I hope my answer helps you
You might be interested in
The purpose of this category of interview questions is to obtain factual information about the interviewee.
Ngl I definitely think this is true :) if not then FRICKKKK I’m sooo sorry for getting it wrong
Goods were able to be produced faster and more efficiently.
