In response to accounting scandals in 2002, the federal government passed legislation requiring among other things that auditors disclose any potential conflicts of interest. What is the name of this legislation?
A) the Kennedy-Lott Act B) the Accountant Reliability Act
C) the Sarbanes-Oxley Act D) the 24th amendment to the Constitution
C
You might also like to view...
What is the "Hotelling rule" for situations in which a producer can determine when a good is sold?
A) Price must rise at exactly the rate of interest. B) Marginal cost must rise at exactly the rate of interest. C) Price minus marginal cost must rise at exactly the rate of interest. D) Price plus marginal cost must rise at exactly the rate of interest. E) Price and marginal cost must be independent of the rate of interest.
Which of the following would expand aggregate demand according to Keynesians, while stimulating aggregate supply according to modern supply-siders?
A. Increasing transfer payments B. Open-market purchases of Treasury bonds by the Fed C. Cutting the discount rate and reserve requirements on demand deposits D. Cutting personal and corporate marginal tax rates
Refer to the data. When two workers are employed:
A. total product is 20.
B. total product is 18.
C. average product is 10.
D. total product cannot be determined from the information given.
How do new classical economists view the importance of policy rules and discretion in macroeconomic policy?
What will be an ideal response?