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The Federal β Corporation makes sure β get their money back if an insured bank fails. This agency was implemented during the β in response to the high number of bank failures. The peace of mind the FDIC provided depositors resulted in a decreased frequency of β. However, since banks and their customers are no longer fully exposed to risk, there is increased potential for β.
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The Federal β Corporation makes sure β get their money back if an insured bank fails. This agency wa...
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