Which of the following banned most proprietary trading by commercial banks?
A) Consumer financial Protection Bureau
B) Regulation Q
C) Greenspan rule
D) Volcker rule
D
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According to the circular flow diagram, the dollar value of a nation's output is equal to
A) profits. B) total income. C) net income minus taxes. D) wages.
Using the table above, if the current market value of the dollar is 90 francs
A) investor A expects dollar appreciation, but B and C expect depreciation. B) investor C expects dollar depreciation, but A and B expect appreciation. C) all three investors expect the dollar to appreciate. D) all three investors expect the dollar to depreciate.
M1 includes all but which of the following?
A) savings deposits. B) currency in the hands of the public. C) transactions accounts. D) travelers checks.
English mercantilism recognized the law of comparative advantage, thus permitting individuals to specialize in producing those goods and services which they could produce at relatively low opportunity costs and trading those items for those which
they could not. Indicate whether the statement is true or false