What Congressional act, enacted in 1933 and repealed in 1999, prevented financial firms from being both commercial banks and investment banks?
A) the Glass-Steagall Act B) the Cellar-Kefauver Act
C) the Sarbanes-Oxley Act D) the Taft-Hartley Act
A
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The aggregate production function shows a(n) ________ relationship between ________ and output
A) decreasing; capital stock B) decreasing; labor C) constant; labor D) increasing; capital stock
In the United States in 2012, the CDC estimated that the total number of people with diabetes (both diagnosed and undiagnosed cases) was highest for people in the age range of ________, and the percentage of people with diabetes was highest for people in the age range of ________.
A) 65 and older; 20-44 B) 65 and older; 65 and older C) 20-44; 45-64 D) 45-64; 65 and older
Suppose that a worker in Country A can make either 25 bananas or 5 tomatoes each year. Country A has 200 workers. Suppose a worker in Country B can make either 18 bananas or 6 tomatoes each year. Country B has 400 workers. The opportunity cost of one tomato in Country B is:
A. 6 bananas. B. 108 bananas. C. 3 bananas. D. 18 bananas.
If a corporation goes bankrupt:
A. neither stockholders nor bondholders receive any money. B. stockholders get paid from the sale of company assets before bondholders do. C. bondholders get paid from the sale of company assets before stockholders do. D. stockholders must honor the debts to bondholders out of personal assets if necessary.