In the ten years after the FDIC limit was increased to $100,000:
A. less than one-fourth the number of banks and savings and loans failed than during the first 46 years of FDIC's existence.
B. increasing the deposit insurance limit to $250,000 provided complete coverage for all deposits except those of large corporations.
C. the cost to taxpayers of failed institutions in that period was negligible because FDIC was in place.
D. more than four times the number of banks and savings and loans failed than did during the first 46 years of FDIC's existence.
Answer: D
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