The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 created an Office of Credit Ratings at the SEC with its own staff and the authority to fine credit-rating agencies and to deregister an agency if it produces bad ratings
This is an example of which remedy of conflicts of interest? A) regulate for transparency
B) supervisory oversight
C) leave it to the market
D) socialization of information production
B
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Greater availability of lower-cost drugs will tend to shift the ________ curve for medical services to the ________
A) demand; right B) supply; left C) supply; right D) demand; left
Tina has $1,000 that she wants to save for at least five years. It’s important to her that her investment is very low risk, but she would still like to earn some interest on her savings. Which of the following instruments would be the best choice for Tina?
a. Savings account b. Rental property c. Gold d. Certificate of deposit
A tax imposed by a government on imported goods or services is a:
A) quota. B) tariff. C) nontariff barrier. D) trade embargo.
Chicken and pork are substitutes. Other things being equal, an increase in the price of chicken will
A. put downward pressure on the price of pork. B. have no effect on the demand or pork. C. increase the demand for pork. D. decrease the demand for pork.