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Which purpose does deposit insurance have?

a. To protect financial institutions in case customers decide to withdraw their deposits and close their accounts

b. To protect the federal government from having to bail out things to make poor landing decisions with their deposits

c. To protect customer deposits up to a certain amount in case the financial institution goes out of business

d. To protect the federal reserve system from having to reimburse deposit made by its district bangs

Respuesta :

flcral9230

I believe the answer is C

Fashiondiva88

Answer:

C) to protect customer deposits up to a certain amount in case the financial institution goes out of buisness

Explanation:

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