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Which of the Following Is True

Question 51

Multiple Choice

Which of the following is true?


A) ​The FDIC sets the reserve requirements for commercial banks.
B) ​The Federal Reserve System guarantees the deposits in almost all banks up to a limit of $1,000,000 per account.
C) ​If a bank should fail, the FDIC guarantees that depositors can get their funds up to a limit of $250,000 per account.
D) ​all of the above

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