Question

What is the goal of the Federal Deposit Insurance Corporation?(1 point)
Responses

To not allow banks to give out any more loans.
To not allow banks to give out any more loans.

To prevent government regulation over banks.
To prevent government regulation over banks.

To insure people's bank accounts to prevent bank runs,
To insure people's bank accounts to prevent bank runs,

To provide universal basic income for Americans.

Answer 1

To insure people's bank accounts to prevent bank runs.