As a Result of the Financial Services Modernization Act

question 40

Multiple Choice

As a result of the Financial Services Modernization Act

• A)securities firms had to search for loopholes to expand into other types of financial services.
• B)firms that formed a special finance holding company were regulated by the SEC.
• C)banking, securities activities, and insurance services could be consolidated in a single financial institution.
• D)securities firms were prohibited from expanding into other types of financial services.

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Definitions:

Just Noticeable Difference

The minimum amount by which stimulus intensity must be changed in order to produce a noticeable variation in sensory experience.

Decibels

A logarithmic unit used to measure the intensity of sound, with zero decibels representing the threshold of hearing.

Volume

A measure of the amount of space an object or substance occupies, often quantified in liters, cubic meters, or other units of measurement.

Perceptual Set

Perceptual Set refers to a tendency to perceive or notice some aspects of the available sensory data and ignore others, influenced by expectations, experiences, and context.