What was the result of the establishment of FDIC in 1933?

a.

It provides incentives to liability holders to engage in bank runs.

b.

It provides preference to those who are first in line to withdraw funds over those last in line.

c.

It decreases the likelihood contagious runs.

d.

It increases concerns about the asset quality of FI.

e.

It increases concerns about solvency of an FI.