Although the FDIC Was Created to Prevent Bank Failures,its Existence

question 14

Multiple Choice

Although the FDIC was created to prevent bank failures,its existence encourages banks to

• A)take too much risk.
• B)hold too much capital.
• C)open too many branches.
• D)buy too much stock.

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Definitions:

NSC

The National Security Council, a principal forum used by the President of the United States for consideration of national security, military, and foreign policy matters with senior national advisors and Cabinet officials.

Joint Chiefs of Staff

The body of senior uniformed leaders in the United States Department of Defense who advise the President, the Secretary of Defense, and the National Security Council on military matters.

National Security Adviser

A senior official in the executive government, serving as the chief in-house advisor to the President on national security issues.