Which of the following policy measures required the SEC to prevent issuers of asset-backed securities from choosing the credit-rating agencies that will give them the highest rating and supported earlier initiatives by the SEC?
A) the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010
B) Sarbanes-Oxley Act of 2002
C) Global Legal Settlement of 2002
D) Gramm-Leach-Bliley Act of 1999
E) Riegle-Neal Act of 1994
A
You might also like to view...
In a certain economy, the components of aggregate spending are given by: C = 60 + 0.6(Y - T) - 1,000rI = 200 - 1,000rG = 200NX = 50T = 100Given the information about the economy above, which expression below gives autonomous expenditures?
A. [510 - 2,000r] + 0.6Y B. [570 - 2,000r] + 0.6Y C. [450 - 2,000r] + 0.6Y D. [510 - 1,000r]
If the value of the dollar falls relative to other currencies, the price of goods and services produced in the United States will appear:
A. more expensive to foreigners. B. more expensive to U.S. citizens. C. cheaper to foreigners. D. the same to foreigners.
Thomas Malthus's model made the mistake of failing to consider:
A. comparative advantage. B. scarcity. C. technological progress. D. inflation.
Write down the national savings and investment identity.
What will be an ideal response?