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The FDIC's role in insuring the deposits in banks is an example of the direct role of the government. Question 4 options: True False
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The FDIC's role in insuring the deposits in banks is an example of the direct role of the government.

Question 4 options:
True
False

User Tasos Anesiadis
by
6.1k points

1 Answer

5 votes

Answer:

True

Step-by-step explanation:

This is case as the FDIC is a government creation, it presence creates confidence in the banking system and bank customers are sure that they would recover some of their savings if their bank goes bankrupts.

User Aurojit Panda
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