Where does the FDIC’s reserve fund come from?
a.
The FDIC has access to federal tax rev...
Mathematics, 29.01.2021 22:20, priceisright11401
Where does the FDIC’s reserve fund come from?
a.
The FDIC has access to federal tax revenue.
b.
If an insured bank fails, the FDIC keeps the money at that bank that is beyond the insured limit.
c.
A certain amount of money goes directly from the Treasury to the FDIC’s reserve fund.
d.
Insured banks pay a premium on the money insured.
Please select the best answer from the choices provided
A
B
C
D
Answers: 1
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