Ask Question
6 May, 17:58

What is the purpose of the federal deposit insurance corporation? a. to keep banks on the gold standard b. to protect depositors from the loss c. to charter state banks

+2
Answers (1)
  1. 6 May, 19:36
    0
    The primary purpose of the federal deposit insurance corporation is to "protect depositors from the loss". This also inspires confidence in the economy as a whole.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “What is the purpose of the federal deposit insurance corporation? a. to keep banks on the gold standard b. to protect depositors from the ...” in 📙 History if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers