What is the primary function of U.S. regulatory agencies in the U.S. financial system?
What will be an ideal response?
To provide wide-ranging financial regulation-rules for the operation of financial institutions and markets-and supervision -oversight through examination and enforcement.
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Some nonprice determinants of demand are:
A. consumer preferences, expectations of future prices, and the number of buyers in the market. B. consumer preferences, the price of the good, and incomes. C. incomes, expectations of future prices, and the number of sellers in the market. D. prices of related goods, knowledge of past prices, and the number of buyers in the market.
With which choice are you more likely to avoid Bid-rigging cartels?
a. Holding Vickery auctions b. Holding sealed-bid auctions c. Holding English auctions d. Both A&B
Suppose the accompanying figure shows the demand curve, marginal revenue curve and marginal cost curve for a monopolist.
When this monopolist maximizes its profit, consumer surplus equals the area:
A. ABJ. B. ACKJ. C. AELJ. D. ACN.
Aging baby-boomers, predisposed to hearing loss because of years of listening to loud music, are now approaching the age range in which hearing loss starts to become apparent. What effect does this have on investment spending within the hearing aid industry?
A. The investment function relating planned real investment spending to the interest rate can be expected to shift leftward. B. There will no longer be an opportunity cost associated with investment spending. C. The investment function relating planned real investment spending to the interest rate can be expected to shift rightward. D. There will be no change in real investment spending, because hearing aid manufacturers will look only at the interest rate in determining whether to expand production.