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What does the F.D.I.C. (Federal Deposit Insurance Corporation) exist to insure? Group of answer choices It insures bank depositors they will get their money back

What does the F.D.I.C. (Federal Deposit Insurance Corporation) exist to insure? Group of answer choices It insures bank depositors they will get their money back even if the bank fails. It insures the bank that they can stay in business even if they made many bad loans and would otherwise go bankrupt. It insures that our paper money maintains its value by promising to pay people in gold if they want to trade in their paper money for gold. It insures that the federal government does not go bankrupt even when its spending exceeds its tax receipts

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