Which of the Following Is a Primary Fear Associated with the Consumer

question 43

Multiple Choice

Which of the following is a primary fear associated with the Consumer Financial Protection Bureau's role in the finance market?

• A)Increased government regulation is likely to reduce the availability of credit.
• B)Increased government regulation is likely to reduce the cost of credit.
• C)Increased government interference will increase the money supply in the market.
• D)Increased government interference will increase consumer spending.

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Definitions:

Emerged

The process of coming into being or becoming important or prominent.

Slippery Slope

A fallacy in reasoning that suggests taking a minor action will lead to major and oftentimes undesirable consequences.

Gratuities

Small gifts, often money, given in appreciation for service, which can sometimes raise ethical concerns in professional relationships.

Police

A body of officers representing the civil authority of government, responsible for maintaining public order and safety, enforcing laws, and preventing, detecting, and investigating criminal activities.