Which of the following acts required that financial derivatives be traded in established, regulated markets?

a. Glass-Steagall Banking Act
b. Gramm-Leach-Bliley Financial Services Modernization Act
c. Dodd-Frank Wall Street Reform and Consumer Protection Act
d. Celler-Kefauver Financial Reform Act


c

Economics

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If a marginal cost pricing rule is imposed on the firm in the figure above, the consumer surplus will be

A) zero. B) $800. C) $400. D) $200.

Economics

The Services sector has been steadily rising in relative importance in GDP of the United States, as well as elsewhere around the world. Since "services" have been identified as "non-tradable"

(e.g., it is difficult to export haircuts), it may be argued that this trend will likely slow the rapid growth in international trade. Discuss.

Economics

_____ Act set forth a list of "employers' rights."

A. Both the Taft-Hartley and the National Labor Relations B. Neither the Taft-Hartley nor the National Labor Relations C. The Taft-Hartley, but not the National Labor Relations D. The AFL, but not the Knights of Labor

Economics

This profit-maximizing (loss-minimizing) firm charges a price of _______.


A. $35
B. $40
C. $45
D. $55

Economics