Answer:
The correct answer is: Independent agency of the U.S. government, and sells insurance to banks.
Explanation:
The FDIC is an entity whose function is to protect the savings and solvency of the American financial system, to ensure that in the future they can continue to provide banking services without any type of inconvenience. Likewise, it is in charge of the implementation of policies that seek to face the results of financial institutions so that they do not fail.
Answer:
Those on the right, including American conservatives, tend to favor more freedom in economic matters (example: a free market), but more government intervention in personal matters (example: drug laws). ... Libertarians favor both personal and economic freedom and oppose most (or all) government intervention in both areas.
Answer:
20 November 1942.........
When the Fed wants to increase excess reserves held by banks it buys bonds.
Option A
<u>Explanation:</u>
From the given case, if the federal bank wants to increase excess reserves it can increase the supply of money lowering the reserve requirement.
This in turn will increase the excess reserves in the system there by giving boost the economy by lending loans for infrastructure development and manufacturing sector.
By the way of central bank buying bonds in the open market it will increase the supply of money into the economy by exchanging bonds for cash from the general public.
