Deposit insurance is a guarantee by the CDIC to pay deposits off in full on the first they have deposited in the bank. 1) $60000 O 2) $200,000 O 3) $100,000 O 4) $150,00O 5) none of the answers are correct

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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Deposit insurance is a guarantee by the CDIC to pay deposits off in full on the first
they have deposited in the bank.
O 1) $60000
2) $200,000
3) $100,000
O 4) $150,000
5) none of the answers are correct
Transcribed Image Text:Deposit insurance is a guarantee by the CDIC to pay deposits off in full on the first they have deposited in the bank. O 1) $60000 2) $200,000 3) $100,000 O 4) $150,000 5) none of the answers are correct
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