When the Consumer Credit Protection Act was passed in 1968 there was about ____ worth of consumer credit outstanding.
A) $100 billion
B) $300 billion
C) $1 trillion
D) $2.5 trillion
E) $5 trillion

Question

Quizplus · Accepted Answer

According to historical data from the Federal Reserve, the amount of consumer credit outstanding in 1968 was approximately $98 billion, which is closest to choice A.

When the Consumer Credit Protection Act Was Passed in 1968