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In the United States, deposit insurance is provided by the:

AOCC
BFDIC
CFOMC
DNCUA
Answer & Solution
Correct answer: B. FDIC
1. Banks pay it a premium based on deposits and risk. 2. The FDIC insures deposits. 3. It covered about 5,898 banks. _Source: OpenStax Principles of Macroeconomics for AP Courses 2e, Chapter 14, Monetary Policy and Bank Regulation (CC BY 4.0)._
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