Which of the following best illustrates the government's role in controlling financial institutions?
The government directly influences the price of stocks in the stock market by taxing purchases of stock.
The government limits the amount of loans that individuals can take out from banks.
The government regulates the terms that credit card companies can give their customers.
The government directly sets the interest rate that banks charge for loans.
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OpenStudy (anonymous):
@Jacoptimal
OpenStudy (anonymous):
@Eian
OpenStudy (anonymous):
I thinks its C or D
OpenStudy (anonymous):
it c
OpenStudy (anonymous):
can u give me reason?
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OpenStudy (anonymous):
sure
OpenStudy (anonymous):
its not a becasue stock is private and not goverment
OpenStudy (anonymous):
so that croses out a
OpenStudy (anonymous):
okay
OpenStudy (anonymous):
u can manke pretty much unlimeted loans if the bank lets u goverment has no say in that
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OpenStudy (anonymous):
so not b
OpenStudy (anonymous):
okay
OpenStudy (anonymous):
now c the goverment does regulate credit card so
OpenStudy (anonymous):
and d the bank also choses that to that why all banks are different
OpenStudy (anonymous):
so u see y it is c
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OpenStudy (anonymous):
what is credit card term?
OpenStudy (anonymous):
hello?
OpenStudy (anonymous):
it like a anual fee or hidden feas
OpenStudy (anonymous):
okay
OpenStudy (anonymous):
so does it make sense to you
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OpenStudy (anonymous):
yes
OpenStudy (anonymous):
i will tell u how i did
OpenStudy (anonymous):
loans and stuff like that banks control
OpenStudy (anonymous):
credit cards the goverment has a say in that though
OpenStudy (anonymous):
:) thanks
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OpenStudy (anonymous):
was it right
OpenStudy (anonymous):
im still doing some questions 1 sec
OpenStudy (anonymous):
ok
OpenStudy (anonymous):
THANKS I GOT 100% YAYAYAYAY <3 U
OpenStudy (anonymous):
np
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