Business, 14.12.2019 01:31, 1031kylepoe03

Deposit insurance
a. reduces the incentives of depositors to monitor the riskiness of their banks' asset portfolios.
b. encourages bank managers to take on greater risks than they otherwise would
c. attracts risk-prone entrepreneurs to the banking industry

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Deposit insurance
a. reduces the incentives of depositors to monitor the riskiness of their b...