The Federal Communications Commission

question 41

Multiple Choice

The Federal Communications Commission

• A)was established in 1949 by President Harry Truman.
• B)licenses radio but not television stations.
• C)bans explicit sexual and excretory references on airwaves during certain hours of the day.
• D)regulates newspapers.

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Definitions:

Moral Hazard Insurance

Situations in insurance where the existence of insurance coverage can lead to riskier behavior by the insured, as the consequences of that behavior are partially absorbed by the insurer.

Disability Insurance

A type of insurance that provides financial support to a person who is unable to work because of a disability.

Unemployment Insurance

A government-provided benefit offering temporary financial assistance to unemployed workers who meet certain eligibility requirements.

Mutual Fund

An investment vehicle that pools money from many investors to purchase a diversified portfolio of stocks, bonds, or other securities.