The ________ provides a single location for financial protection and oversight–and its mandate is to help consumers make better decisions

A) Center For the People Bureau (CFPB)
B) Consortium of Fiscal Protection Bureau (CFPB)
C) Consumer Financial Protection Bureau (CFPB)
D) Consumer Fiscal Protocol Bureau (CFPB)


Answer: C

Business

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_______ carriers are highly restricted/specialized in the types of products that they can carry.

Fill in the blank(s) with the appropriate word(s).

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Unlike Linkedin or Youtube, Facebook is designed specifically with the working professional in mind

Indicate whether the statement is true or false

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How can a process be improved by using process management principles?

A) by automating the activities B) by minimizing the outsourcing of activities C) by removing unproductive resources from a process D) by creating a bottleneck

Business

An economist estimates the regression model yi= ?0 + ?1x1i + ?2x2i + ?i. The estimates of the parameters ?1 and ?2 are not very large compared with their respective standard errors

But the size of the coefficient of determination indicates quite a strong relationship between the dependent variable and the pair of independent variables. Having obtained these results, the economist strongly suspects the presence of multicollinearity. Since his chief interest is in the influence of X1 on the dependent variable, he decides that he will avoid the problem of multicollinearity by regressing Y on X1 alone. Comment on this strategy.

Business