The difference between U.S. financial regulation between the 1930s-to-1980 period and the 1980-to-2010 period is:
a. The earlier period was characterized by relatively loose government regulations and the later one was characterized by stricter government regulations.
b. The earlier period was characterized by heavy use of the originate-to-hold" strategy.
c. The earlier period was characterized by recurring, nation-wide speculative housing bubbles.
d. The earlier period was characterized by heavy use of securitization.
e. All of the above.
.B
You might also like to view...
In the above figure, if the market was a single-price monopoly rather than perfectly competitive, which area shows the transfer of consumer surplus from consumers to producers?
A) A + B B) C + D C) C + D + E D) E + H
Which group (or groups) would be the most upset by wide variation in the income distribution?
a. utilitarians b. utilitarians and liberals c. libertarians d. liberals and libertarians
Refer to the above table. How do we know that this is NOT a competitive firm?
A. The marginal physical product decreases as the amount of labor hired increases. B. Marginal physical product cannot be computed for competitive firms. C. The marginal revenue product decreases as the amount of labor increases. D. The marginal revenue changes as output changes.
An example of ________ is a power plant generating water pollution.
A. the free-rider problem B. a negative production externality C. a public good D. a positive production externality