The Financial Stability Oversight Council Was Created by

question 31

Multiple Choice

The Financial Stability Oversight Council was created by

• A)President Roosevelt in 1939 to reduce unemployment and increase public-sector job opportunities.
• B)President Obama and Congress in 2010 to identify system-wide risks to the financial sector.
• C)Congress in 1965 to counter the influence of the growing influence of the Office of Management and Budget.
• D)President Reagan in 1980 to study the causes of inflation and make policy recommendations to reduce it.

---

Definitions:

Earnings Per Share

A financial ratio indicating the portion of a company's profit allocated to each outstanding share of common stock, serving as an indicator of the company's profitability.

Net Income

is the profit a company makes after deducting all costs and expenses from its total revenue, including taxes and interest.

Interest Expense

The cost incurred by an entity for borrowed funds, which can include payments on loans, bonds, or lines of credit.

Return on Common Stockholders' Equity

A measure of profitability that indicates how much profit a company generates with the money shareholders have invested.