Investment bubbles are problematic for which of these reasons?
a. People with lower incomes are unable to participate.
b. Growth happens so quickly that people tend to ignore risks.
c. Investors pump too much money into the economy all at once.
d. The government assumes all of the risk of speculative behavior.
b
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As described by Wade, how did the Basel II standard of capital adequacy contribute to the crisis?
a. It marked a shift from external regulation of banks to self-regulation. b. It encouraged banks to lower capital standards during periods of illiquidity. c. It lowered the cost of finance for banks in the global south relative to those in the developing world. d. It required banks to use agencies' risk assessment models but assign their own ratings to market assets. e. It did not contribute to the crisis but instead pushed a more responsible level of external regulation of banks.
Which of the following is not a task assigned to an administrative law judge?
a. Applying legal expertise b. Creating new agency regulations c. Developing records d. Presiding over hearings e. Rendering decisions
Which of the following situations would most likely be a violation of Title IX?
a. an election jurisdiction that does not provide bilingual ballots when there is a large bilingual community b. a legal prohibition on hiring women for positions that are known to be hazardous to women's reproductive health c. a college that spends significantly more on sports programs for men than for women d. an employer who systematically pays women less than men for doing comparable work –
During the Cold War, the United States and the Soviet Union nearly went to war over nuclear missiles placed in _________.
Fill in the blank(s) with the appropriate word(s).