Role of Financial Institutions Quick Check
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Question
What does it mean when a bank is FDIC insured?(1 point)
Responses
It has insurance on the building.
It has insurance on the building.
It has insurance on its investments.
It has insurance on its investments.
It guarantees that you won't lose all of your money.
It guarantees that you won't lose all of your money.
It is one of the top 100 banks in the world.
1 answer
It is one of the top 100 banks in the world.