Which of the following policy measures forced credit-rating agencies to provide reports to the SEC when their employees go to work for a company that has been rated by them in the last twelve months?
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
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In Econland exports equal 25% of total output, while imports equal 20% of total output. Econland has:
A. a trade surplus B. a budget deficit. C. a budget surplus. D. a trade deficit.
Corporations have the advantage of
a. double taxation. b. limited liability of the stockholders. c. no taxes. d. limited life.
The high period of immigration in the first half of the 19th century was caused by
a. the Irish potato famine. b. political unrest in Europe. c. political unrest in China. d. Only a and b are correct. e. None of the above are correct.
Why do economists consider perfect competition to be the most efficient market structure?
What will be an ideal response?