Which of the following statements is false?
A)Regulations can affect the profitability of technological innovations.
B)Regulations can hinder the rate and types of innovations.
C)Typical regulations include caps on loan rates such as usury ceilings.
D)Regulations are predominantly implemented to enhance FIs' profitability.

Question

Quizplus · Accepted Answer

Regulations are not predominantly implemented to enhance FIs' profitability. Instead, regulations are generally implemented to promote stability, protect consumers, and maintain a level playing field in the financial industry.

Which of the Following Statements Is False