Regulatory Policy Answers

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1
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According to the video, what are the purposes of the Dodd-Frank Act? Check all that apply.to protect banks from abusive financial practicesto improve accountability for banksto end bailoutsto protect consumers from abusive financial practicesto allow for greater banking profits

A
to protect banks from abusive financial practices
B
to improve accountability for banks
C
to end bailouts
D
to protect consumers from abusive financial practices
E
to allow for greater banking profits
2
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Why was the Food Safety Modernization Act passed? Check all that apply.Many citizens are in danger of contracting a food-borne illness.More people are living with chronic illnesses.Our food is no longer imported from foreign countries.Pathogens are becoming stronger and harder to defeat.Food-borne illnesses are not seen as a health threat.

A
Many citizens are in danger of contracting a food-borne illness.
B
More people are living with chronic illnesses.
C
Our food is no longer imported from foreign countries.
D
Pathogens are becoming stronger and harder to defeat.
E
Food-borne illnesses are not seen as a health threat.
3

According to the video, which food safety regulations have been created by the passage of the Food Safety Modernization Act? Check all that apply.a provision of money for facilities to improve hygiene and prevent hazardsa requirement for farmers to prevent hazards when growing or harvesting foodsa requirement for facilities that produce food to monitor cooking temperatures to prevent hazards a rule that food needs to be monitored only after it has entered the United Statesa set of rules for importers to make sure that food is inspected before it is shipped

A
a provision of money for facilities to improve hygiene and prevent hazards
B
a requirement for farmers to prevent hazards when growing or harvesting foods
C
a requirement for facilities that produce food to monitor cooking temperatures to prevent hazards
D
a rule that food needs to be monitored only after it has entered the United States
E
a set of rules for importers to make sure that food is inspected before it is shipped
4

According to the president’s speech, what were some effects of the financial crisis? Check all that apply.

A
the loss of savings for many workers
B
the increased strength of banks
C
the increased stability in the economy
D
the loss of credit in the economy
E
growing economic challenges for many

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