Warriors1974 Warriors1974

06-03-2020
Business

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The primary purpose of the FDIC is to reduce the potential for A. bank runs. B. reserve cheating. C. government regulations. D. excessive interest rates.

Respuesta :

ewomazinoade ewomazinoade

11-03-2020

Answer:

A. bank runs

Explanation:

The federal deposit insurance corporation insures the deposits of customers of deposit institutions in the US.

They provide stability to financial institutions and increases the confidence of the public in financial institutions. This reduces banks runs.

I hope my answer helps you

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