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Question 10(Multiple Choice Worth 3 points)
(American Money LO 7 MC)
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.
me
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.
DO