The 1996 Telecommunications Act Was Important Because

question 10

Multiple Choice

The 1996 Telecommunications Act was important because

• A)it ended the federal government's licensing of radio and television stations.
• B)it established the fairness doctrine.
• C)it allowed for less concentration of media ownership than had been possible since regulation of the industry began in 1934.
• D)it allowed for a greater concentration of media ownership than had been possible
• Since regulation of the industry began in 1934.

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Definitions:

Buying a Put

Purchasing a put option, which is a financial contract that gives the buyer the right to sell an asset at a predetermined price within a specified time frame.

Prices Decline

A decrease in the cost of goods and services in an economy over a period.

Call Option

A financial derivative that gives the buyer the right, but not the obligation, to buy an asset at a specified price within a predetermined period.

Purchase

The act of acquiring goods or services in exchange for money or other compensation.