Which of the following was not a major area addressed by the Dodd-Frank Bill (i.e., Wall Street Reform and Consumer Protection Act of 2010)
a. Reducing systemic threats to the U.S. financial system.
b. Solving the "too big to fail" problem in the U.S. financial system.
c. Preventing spillover effects in the financial industry.
d. Ensuring that investment banks and others reduced the amount of "skin in the game" they in the mortgage industry.
.D
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After the implementation of the congestion tax in London, traffic volume was reduced and travel time for cars and buses was cut in half. This is an example of
A) caveat emptor. B) comparative advantage. C) responding to incentives. D) the role of pricing in allocating resources.
How do a sole proprietorship and a corporation differ?
A) Proprietorships have unlimited liability while corporations have limited liability. B) Corporations face more taxes than do proprietorships. C) Corporations can issue stocks and bonds, while proprietorships cannot. D) All of these are differences between the two types of businesses.
A firm needs to maximize the value to all of its
A) managers. B) employees. C) suppliers. D) stakeholders.
If the interest rate at which you can lend funds is r percent per year, then the present value of Y dollars to be received next year is
a. (1 + r)Y b. Y / r c. Y d. Y - r e. Y / (1 + r)