Question:Why was the FDIC limit of insurance raised to $250,000 temporarily in 2008 thru 2009? 

A The failure of several banks created a need to bolster consumer confidence in the industry 
B To help consumers reduce their tax liabilities 
C To help stimulate the economy 
D To provide loans to consumers for housing 

+ Answer
B 

+ Explanation
Answer not sure

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Md. Habib Ullah

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