Under the Gramm-Leach-Bliley Act states retain regulatory authority over
A) bank holding companies.
B) securities activities.
C) insurance activities.
D) bank subsidiaries engaged in securities underwriting.
C
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Economic growth is a sustained expansion of production possibilities, as measured by the increase in ________ over time
A) population B) inflation C) the price level D) real GDP E) employment
An airline company
A) cannot price discriminate because it is against the law. B) price discriminates by charging higher prices to business travelers. C) price discriminates by charging lower prices to business travelers. D) price discriminates even though its profits are lower because competition forces it to do so. E) has fewer customers because it price discriminates than it would have if it did not price discriminate.
An ideal voting system must not have:
A. a person who has the power to single-handedly enact his or her own preferences. B. a person who can convince everyone to vote for his or her preferences, and not their own. C. a one-dimensional issue being voted on. D. transitivity of preferences
Many low-income countries are unable to provide a fertile climate for domestic economic growth and to attract foreign investment because
a. they lack sufficient natural resources. b. their populations are self-sufficient. c. they lack economic and legal stability. d. they are located in difficult to access regions.