The Federal Deposit Insurance Corporation (FDIC)

The Federal Deposit Insurance Corporation (FDIC) :

A) insures all demand deposit accounts up to $10 million in banks choosing FDIC protection.
B) was created as a government-owned corporation following the creation of the World Bank and the International Monetary Fund after World War II.
C) rarely evaluates bank performance to detect weaknesses in operation.
D) creates monetary policy in conjunction with the Federal Reserve Board.
E) was created to reduce the risk of banking by compensating depositors and keeping bank failures from spreading.