Which of the Following Best States the Purpose of the Federal

question 21

Multiple Choice

Which of the following best states the purpose of the Federal Trade Commission (FTC) ?

• A)It was created to ensure that the American economy imports more than it exports.
• B)It was created to prevent "unfair methods of competition and unfair or deceptive acts or practices in and affecting commerce."
• C)It provides a mechanism to deal with the billing errors that accompany credit card and certain other "open-end" credit transactions.
• D)It was designed to shield debtors from unfair debt collection tactics by collection agencies and attorneys who routinely operate as debt collectors.

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Definitions:

Net Energy Ratio

A measure comparing the amount of energy delivered by a system to the amount of energy used in its construction and maintenance.

Petrochemicals

Chemical products derived from petroleum or natural gas, serving as raw materials in various manufacturing processes.

Organic Chemicals

Compounds containing carbon atoms, typically produced by living organisms but can also be synthesized artificially.

Net Energy Ratio

The ratio of the amount of useful energy produced by an energy system to the amount of energy expended to produce it.