Answer on Other Economics Question for LUKACROSS
to shield money from the damaging effects of economic downturns
to keep greater control over the economy
to protect the government’s own money from fraud
to improve the standard of living
restrictions and guidelines, aiming to maintain the integrity of the financial system. This may be handled by either a government or non-government organization.Financial regulation has also influenced the structure of banking sectors, by decreasing borrowing costs and increasing the variety of financial products available.
Federal government monitors and regulates American banks and other financial institutions toshield money from the damaging effects of economic downturns, so the right answer is a).
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