What Are the Principal Duties of the Federal Communications Commission

question 9

Multiple Choice

What are the principal duties of the Federal Communications Commission (FCC) ?

• A) Regulating cable TV and satellite channels
• B) Regulating net neutrality with Internet service providers
• C) Allocating new broadcast radio and television stations and renewing licenses of existing stations
• D) Licensing TV and radio networks

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Definitions:

Interest Rate

The rate at which a borrower pays interest to a lender for borrowing money.

Government Securities

Financial instruments issued by a government to borrow money from investors, including bonds, notes, and bills, usually considered low-risk investments.

Money Supply

The full volume of monetary holdings in an economy, including cash, coins, and the deposits in checking and saving accounts, at a given point.

Actual Reserves

The total amount of funds that a bank has in its reserve account plus any cash on hand, used to satisfy reserve requirements.