The Main Outcome of the Gramm-Leach-Bliley Act of 1999 Is

question 14

Multiple Choice

The main outcome of the Gramm-Leach-Bliley Act of 1999 is to allow:

• A) banks, insurers and security dealers to openly compete with one another
• B) banks, insurers and security dealers to form financial services holding companies
• C) insurers to choose between state or federal regulation
• D) banks to evade the provisions of the Glass-Steagall Act

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Definitions:

Heart Rate

The speed at which the heart beats, typically measured in beats per minute (bpm).

Fear

An unpleasant emotion or thought that arises when an individual perceives a threat, leading to a fight or flight response.

Facial-Feedback Hypothesis

The theory that facial movements can influence emotional experiences.

Muscular Movements

The actions and activities produced by the contraction and relaxation of muscle groups in the body, allowing for motion, posture maintenance, and the manipulation of objects.