The FDIC is the:

policymaking committee within the Federal Reserve.
agency that charters U.S. national banks.
U.S. government agency that insures deposits at U.S. commercial banks.
U.S. government agency that regulates insider trading in the stock market.


The function of a lender of last resort is to:

help consumers when no one else will lend to them.
protect shareholders of financial firms from the mistakes of management.
protect depositors of financial firms from the mistakes of management.
prevent failure of financial firms from disrupting financial markets.


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