The Financial Authority That Has Responsibility for the Stability of the Financial

question 76

Multiple Choice

The financial authority that has responsibility for the stability of the financial system in Australia is:

• A)the Reserve Bank of Australia
• B)the Australian Prudential Regulation Authority
• C)the Australian Securities and Investments Commission
• D)the Australian Treasury
• E)the Council of Financial Regulators.

---

Definitions:

Self-Discrepancy

The difference between an individual’s ideal self (how they would like to be) and their actual self (how they actually are or perceive themselves to be).

Actual Self

An individual's perception of the self, including abilities and characteristics, as they exist in reality.

Ideal Self

An individual's conception of how they would like to be, encompassing aspirations, values, and traits they strive to embody.

Role Identities

Individuals’ concept of self in specific social roles.