​The Fairness Doctrine

question 96

Multiple Choice

​The fairness doctrine

• A)​was a rule about presenting controversial issues in a balanced and honest way.
• B)​was an FCC regulation of broadcasting that was repealed in the 1980s.
• C)​mostly prevented the kinds of talk radio programs that we see today.
• D)​was a rule about presenting controversial issues in a balanced and honest way, and was an FCC regulation of broadcasting that was repealed in the 1980s.
• E)​All of these choices are true.

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Definitions:

Inflation

The rate at which the general level of prices for goods and services is rising, eroding purchasing power.

Effective Interest Rate

The actual annual interest rate that an investor earns or pays, taking into account the effect of compounding over the period.

GICs

Guaranteed Investment Certificates, a secure investment that guarantees to preserve the principal amount while offering a fixed interest rate over a specified period.

Compounded Semiannually

A method of computing interest where the interest is added to the principal twice a year, leading to interest being earned on interest from the next period.