Question

question 3 3 pts
instructions: match each agency on the left with its main responsibilities on the right.
federal trade commission (ftc) choose
securities and exchange commission (sec)
federal reserve

Explanation:

• The Federal Trade Commission (FTC) is tasked with safeguarding consumers from unfair business tactics and enforcing antitrust laws. This is in line with its mission to promote competition and protect consumers.
• The Securities and Exchange Commission (SEC) focuses on regulating the stock market, protecting investors, and cracking down on insider trading. This helps maintain the integrity of the financial markets.
• The Federal Reserve controls the nation's money supply, sets interest rates, and regulates banks to stabilize the economy. This is crucial for maintaining economic stability.

Answer:

• Federal Trade Commission (FTC): Protects consumers from unfair business practices and enforces antitrust laws
• Securities and Exchange Commission (SEC): Regulates the stock market, protects investors, and enforces laws against insider trading
• Federal Reserve: Controls the nation's money supply, sets interest rates, and regulates banks to stabilize the economy