Which of the Following Was a Consequence of Passage of the Financial

question 22

Multiple Choice

Which of the following was a consequence of passage of the Financial Modernization Act (Gramm-Leach-Bliley) ?

• A) Formation of insurers was made easier because capital requirements were reduced.
• B) It became easier for insurers to conduct business as they were no longer required to be licensed in each state where they operate, but only in the state where they are domiciled.
• C) Insurers were required to prepare financial statements using generally accepted accounting principles (GAAP) instead of using statutory accounting.
• D) Depression-era barriers between underwriting risk, depository functions, and securities underwriting were eliminated.

Understand the principles of making healthy food choices for meals, especially breakfast.

Identify the basic food groups as outlined by dietary guidelines and food guides like MyPlate.

Recognize the characteristic patterns of healthy eating diets such as the Mediterranean and DASH diets.

Understand the importance of choosing oils and fats wisely in a healthy diet.

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Definitions:

CPI

The Consumer Price Index represents a calculated average of the prices for a mix of consumer products and services, including food, transportation, and healthcare, weighted by their importance.

Geographic Extent

The area or scope over which a specific phenomenon, activity, or influence is spread.

Public Transit

Transportation services provided by public or private organizations that are available for use by the general public, typically involving buses, trains, and subways.

CPI Base Year

The reference year used in the calculation of the Consumer Price Index, serving as a comparison point for future price changes.