__________ Are Typically Formed to Draw Attention to Public Issues

question 19

Multiple Choice

__________ are typically formed to draw attention to public issues that affect all citizens equally, such as environmental protection, transparency in government, consumer product safety, ethics reform, and campaign finance reform.

• A) Citizens' groups
• B) Professional associations
• C) Single-issue groups
• D) Trade associations
• E) Unions

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Definitions:

Lender of Last Resort

An institution, usually a country's central bank, which offers loans to banks or financial institutions that are struggling to survive in order to prevent systemic failure.

Federal Reserve System

The central banking system of the United States, responsible for setting monetary policy, regulating banks, maintaining financial stability, and providing banking services.

Fractional Reserve System

The fractional reserve system is a banking system in which banks hold reserves that are less than the amount of their customers' deposits, allowing them to lend or invest the remainder to earn interest.

Interest-Rate Ceilings

Caps set on the interest rate that can be charged on loans, often to protect consumers from excessively high rates.