Write a short note on the regulation of the U.S. securities markets.
What will be an ideal response?
Both the government and the industry itself regulate the U.S. securities markets. At the base of the regulatory pyramid, stock brokerage firms maintain compliance departments to oversee their own operations. At the next level, the NYSE, the American Stock Exchange, NASDAQ, and the regional exchanges are responsible for monitoring their member firms’ business practices, funding adequacy, compliance, and integrity. They also use sophisticated computer surveillance systems to scrutinize trading activity. The Securities and Exchange Commission (SEC) is the federal government agency that oversees the market’s self-regulation.
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The United States is a ________ nation because it pays ________ in interest to the rest of the world than it receives in ________ from the rest of the world
A) creditor; more; interest B) debtor; more; interest C) debtor; less; cash D) debtor; more; cash E) debtor; less; interest
The long-run supply curve for a perfectly competitive, constant-cost industry
A) is found by adding up the marginal cost curves for all firms in the industry. B) is horizontal. C) is upward-sloping. D) is downward-sloping.
The larger the marginal propensity to consume
What will be an ideal response?
Which of the following equations correctly describes the U.S. balance of payments in 2017?
a. current account balance – financial account balance + statistical discrepancy = net balance
b. current account balance + financial account balance – statistical discrepancy = net balance
c. current account balance + financial account balance + statistical discrepancy = net balance
d. current account balance – financial account balance - statistical discrepancy = net balance