The text lists 5 key provisions of the Dodd-Frank Act. What are those 5 key provisions?
What will be an ideal response?
1. The creation of the Consumer Financial Protection Bureau
2. The establishment of the Financial Stability Oversight Council
3. Granting the FDIC authority to close insolvent shadow banks
4. Requiring that financial derivatives be traded on exchanges rather than privately between firms
5. Implementing the "Volcker Rule" to restrict most trading of securities by commercial banks
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The market value of final goods and services produced within a country during a period of time is called:
A. government documented production. B. gross domestic product. C. general domestic productivity. D. guaranteed direct prices.
If good 1 is essential for one person but not for the other, the first person will end up with all of good 1 in a competitive equilibrium within the Edgeworth Box.
Answer the following statement true (T) or false (F)
Women earn less on average than men. Which of the following would be the logical conclusion?
a. Women must be the victim of employment discrimination. b. Women must be less productive. c. Men must be more highly motivated and materialistic. d. Without consideration of preferences and productivity factors, differences in unadjusted mean earnings do not necessarily reflect employment discrimination.
Which of the following states had the highest incidence of union membership as a percent of all wage and salary workers in 2012?
a. New York, Hawaii, and Alaska b. South Carolina, North Carolina, and Mississippi c. Arkansas, North Carolina, and Texas d. California, Florida, and Georgia