Which of the Following Is Not an Activity of the CFPB

question 52

Multiple Choice

Which of the following is not an activity of the CFPB?

• A) Taking consumer complaints
• B) Researching consumer behavior
• C) Promoting political education
• D) Restricting unfair, deceptive, or abusive acts or practices

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Definitions:

Price of Foreign Exchange

The rate at which one currency can be exchanged for another, often determined by supply and demand in the foreign exchange market.

U.S. Dollar

A major global currency issued by the United States, commonly used in international financial transactions and as a reserve currency.

Arbitrageurs

Traders who attempt to profit by exploiting price differences of identical or similar financial instruments on different markets or in different forms.

Exchange Rate

The price of one currency in terms of another currency for conversion.