1. How would your life change if you become a consistent act-utilitarian? 2. How would your life change if you become a consistent rule-utilitarian?

The banking act of 1933, also known as the glass-steagall act, established the federal deposit insurance corporation (fdic), which a protected banks from failure by ensuring that the government would bail them out if necessary. b required american taxpayers to establish an account with a commercial bank. c protected depositors from financial losses when banks failed.