What Is the FTC Recommendation Regarding Choice as It Relates

question 8

Multiple Choice

What is the FTC recommendation regarding choice as it relates to personally identifiable information (PII) ?

• A) Require firms to have consumers affirmatively opt-in before PII is collected.
• B) Require firms to allow consumers to opt-out before PII is collected.
• C) Make collection of PII illegal.
• D) Require robust notice only before PII is collected.

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Definitions:

Excise Tax

A tax levied on specific goods, services, or transactions, often to discourage consumption of these goods or to raise revenue for government projects.

Export Supply

The total amount of goods and services a country is willing and able to sell abroad at a given price level.

Domestic Quantity Supplied

The total amount of a good or service that producers in a country are willing and able to sell at a certain price.

Domestic Quantity Demanded

The total amount of a good or service that is demanded by consumers within a specific country.