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SAT US History Practice Question

Which of the following explains the original purpose of the Federal Deposit Insurance Corporation (FDIC)?

  1. A.To force poor people to deposit their income tax returns
  2. B.To force employers to insure workers against injury
  3. C.To insure corporations exploring for mineral deposits
  4. D.To insure bank deposits up to $5,000
  5. E.To protect banks against securities fraud

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