Government places controls on the personal financial environment by use of Group of answer choices taxation and fiscal policy regulation and fiscal policy. taxation and regulation taxation and competition. regulation and competition.
Government places controls on the personal financial environment by use of Group of answer choices taxation and fiscal policy regulation and fiscal policy. taxation and regulation taxation and competition. regulation and competition.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Government places controls on the personal financial environment by use of
Group of answer choices
taxation and fiscal policy
regulation and fiscal policy.
taxation and regulation
taxation and competition.
regulation and competition.
Expert Solution
Step 1
The personal financial environment refers to the part of finance that includes the investing and savings of individuals and households. It forms one of the largest portions of any economy. To ensure that personal finance is not used for unlawful activities by either individuals or banks, the government maintains strict control over the entire domain.
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