Which of the following is not a positive effect of the base Accord?
A. It provided a framework that less developed countries could use to improve the regulation of their banks.
B. It provided a system to differentiate between bonds based on their systemic risk.
C. It forced regulators to change the way they thought about bank capital.
D. It promoted a more uniform international system.
Answer: B
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If knowing about one outcome does not help to predict another outcome, the outcomes are said to be ________
A) exclusive B) inclusive C) dependent D) independent
Assume that at the current market price of $4 per unit of a good, you are willing and able to buy 20 units. Last year at a price of $4 per unit, you would have purchased 30 units. What is most likely to have happened over the last year?
a. Demand has increased b. Demand has decreased c. Supply has increased d. Supply has decreased e. Quantity supplied has decreased
The business cycle affects output and employment in capital goods industries and consumer durable goods industries more severely than in industries producing nondurables because capital goods and durable goods
What will be an ideal response?
One way tariffs differ from quotas is that
A) tariffs produce revenues for the importing country's government. B) quotas produce revenues for the exporting country's government. C) tariffs produce no revenues but set limits on the imported items. D) tariffs are applied only on raw materials.