The Greatest Threat to Continued Growth in the Developed Countries

question 36

Multiple Choice

The greatest threat to continued growth in the developed countries might be

• A)low interest rates.
• B)low inflation rates.
• C)moderate marginal tax rates.
• D)restrictive regulatory policies.

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Definitions:

Gramm-Leach-Bliley Financial Modernization Act

A law enacted in 1999 that aims to regulate the collection, disclosure, and protection of consumers' personal financial information by financial institutions.

SEC

The U.S. Securities and Exchange Commission, a federal agency responsible for enforcing federal securities laws and regulating the securities industry.

FTC

The Federal Trade Commission, a U.S. federal agency tasked with protecting consumers and promoting competition.

Consumer Financial Protection Bureau

A regulatory agency in the United States tasked with ensuring consumers are treated fairly by banks, lenders, and other financial companies.