John is ready to pay $5 for an extra loaf of bread. Due to an ongoing discount in the store, he gets a loaf for $2. John's consumer surplus from the purchase is ________

Market failures ________ and generate ________

A) compel the government to act; regulations B) create monopolies or oligopolies; deadweight loss C) reduce economic efficiency; deadweight loss D) create deadweight loss; externalities

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. was created to reduce the risk of banking by compensating depositors and keeping bank failures from spreading. D. creates monetary policy in conjunction with the Federal Reserve Board.