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Describe what a demand curve is and explain how it helps businesses.
Fair Credit Reporting Act
Federal law that regulates the collection, dissemination, and use of consumer credit information, ensuring accuracy, privacy, and fairness.
Federal Trade Commission
A government agency established in 1914 to prevent unfair business practices and promote consumer protection.
Independent Federal Agency
A government body within the executive branch that operates outside of the direct control of the President or cabinet, often with regulatory or specialized functions.
Protect Consumers
This term relates to laws and regulations aimed at ensuring the rights and safety of consumers in the marketplace.
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