Which of the following is a part of the Global Legal Settlement of 2002?
A) The establishment of a Public Company Accounting Oversight Board (PCAOB) to supervise accounting firms and thus insure that audits are independent and controlled for quality.
B) Increased penalties for white-collar crime and obstruction of official investigations.
C) Requires a CEO and CFO to certify that periodic financial statements and disclosure of the firm are accurate.
D) Requires investment banks to make public their analysts' recommendations.
D
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The following table shows Alex's estimated annual benefits of holding different amounts of money.Average moneyholdings($)Total benefit($)700508005990066100071110074How much money will Alex hold if the nominal interest rate is 6 percent? (Assume she wants her money holdings to be in multiples of $100.)
A. $900 B. $700 C. $800 D. $1,000
If Kahneman and Tversky are correct, I should
A. be indifferent which type of investment I make. B. buy individual stocks rather than put my money into a mutual fund. C. have opposite strategies depending on whether my investments will rise or fall. D. put my money in a mutual fund instead of individual stocks.
A headline reads "Gasoline Prices Are Higher." A likely explanation for this event would be a(n):
a. Decrease in the supply of gasoline and an increase in the demand for gasoline b. Increase in the supply of gasoline and a decrease in the demand for gasoline c. Increase in the demand for and the supply of gasoline d. Decrease in the demand for and the supply of gasoline
In the short run, the aggregate supply curve reacts to:
A. wage warfare. B. cartels. C. price ceilings. D. price changes.