Which of the following is a major provision of the Dodd-Frank Act?
A) Commercial banks should increase their speculative trading activities.
B) Credit should be loosened to encourage consumer spending.
C) Taxpayers should not bail out companies as no company is too big to fail.
D) Decreased regulation of the derivatives market.
E) Companies should implement plans to analyze systemic risks.
Answer: C
Explanation: Dodd-Frank seeks to prevent bailouts of individual firms, although it allows the government to make moves to support the overall banking industry if needed.
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What is the result in cell B4? Note that the function is using a 30/360 day count basis.
a) 0.5
b) 1.0
c) 1.5
d) 2
e) 3
When comparing employee literacy levels of 1970 and today, it can be said
A. literacy levels have improved significantly. B. literacy levels are about the same. C. literacy levels have decreased significantly. D. it is impossible to make such a comparison.
The credit rating assigned to a bond reflects the probability that:
A. the bond's face value will increase above its market value. B. the bond will go into default. C. the company will earn extremely high returns on its bond's sinking fund investments. D. the bond's maturity value will become lower than its principal value. E. the firm will exercise a call provision on the bond.
An operator of a filling machine plotted the weights of each bag she filled for three weeks. At the same time, a quality inspector randomly took groups of five bags of the same output and plotted the average weights of the samples
The inspector's sampling distribution will: A) have greater variability than the operator's distribution. B) have less variability than the operator's distribution. C) show if the output has been produced to the operator's specifications. D) have a mean five times greater than the operator's distribution.