*The FDIC was created in A. 1980 by Congress as part of the overall movement towards deregulation. B. 1913 by Congress at the same time the Federal Reserve was created. C. 1933 by the Federal Reserve as part of reforms put in place during the Great Depression and The National Banking Act. D. 1933 by Congress as a result of the banking collapse in the early years of the Great Depression.

*With the decline in commercial and industrial loans has come an increase in: A. car loans. B. federal fund loans. C. subprime loans. D. real estate loans.

*What are the two main objectives of policymakers in restoring the Glass-Steagall Act? A. regulate crowdfunding and prohibit insurance companies from becoming investment banks B. reduce risk in the financial system and reduce the size of banks C. increase regulations on community banks and prohibit branchbanking D. increase liquidity of hedge fund investors and loosen credit restrictions on small corporations

*Banks use repurchase agreements to A. ensure that they always have enough funds on hand to meet their federal tax liabilities. B. borrow funds from business firms or other banks. C. guard against price fluctuations on long-term bonds. D. ensure that payments on consumer loans are made on time.