The Dodd-Frank law
A) created new regulations for financial markets and firms.
B) based compensation of bankers on shareholder value.
C) rewarded bankers when market share increased.
D) created rules that help create the recent financial crisis.
E) removed capital requirements on financial institutions.
A
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Stockholders
A) select the managers of a corporation. B) select the employees of a corporation. C) select the board of directors of a corporation. D) all of the above.
In the short run, if marginal product is at its maximum, then
A) average variable cost is at its minimum. B) total cost is at its maximum. C) marginal cost is at its minimum. D) average cost is at its minimum.
Refer to the figure above. With the tariff, the quantity of imports falls to
A) 10,000 units. B) 12,000 units. C) 14,000 units. D) 22,000 units.
By providing free garbage removal, a community
a. discourages activities that produce detrimental externalities. b. encourages citizens to recycle items rather than throw them out. c. leads citizens to throw out more garbage than is socially optimal. d. None of the above is correct.