How Did Much of U

question 3

Multiple Choice

How did much of U.S.finance come to be little supervised after Reagan's tenure as president?

• A)Congress has generally delivered whatever the finance industry specified, and regulations and safeguards were rolled back.
• B)Presidents have generally delivered whatever the finance industry specified, and regulations and safeguards were rolled back.
• C)Congress has generally delivered whatever the finance industry specified, save the regulations and safeguards the industry pushed.
• D)Citizens have generally pushed against most legislation having to do with the finance industry, including regulations and safeguards related to the finance industry.

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Definitions:

Interest Expense

The cost incurred by an entity for borrowed funds, often reported on the income statement.

Net Income

The company's net income following the subtraction of all costs, taxes, and financial losses.

Retained Earnings

The portion of a company's profit that is held back and not paid out as dividends to shareholders.

Cash Flow

The entire valuation of money transfers that flow into and exit a venture, significantly influencing its liquidity.