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QUESTION IMAGE

fedwire is a tool of the fdic. true false

Question

fedwire is a tool of the fdic. true false

Explanation:

Brief Explanations

Fedwire is a real - time gross settlement funds transfer system operated by the Federal Reserve Banks. The FDIC (Federal Deposit Insurance Corporation) is an agency that insures deposits in banks. Fedwire is not a tool of the FDIC.

Answer:

False