Financial futures contracts are regulated by
A) the Commodity Futures Trading Commission.
B) the Federal Trade Commission.
C) the Interstate Commerce Commission.
D) the Options and Futures Commission.
A
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According to the criteria of cost-effectiveness, an abatement standard is set optimally if
a. that standard is benefit-based b. it is set where the MSB of abatement is equal to ?(MACmkt + MCE). c. the standard is reached at minimum cost d. it is set at the point where MSB of abatement equals zero e. it is set at the point where MSC of abatement equals zero
Consider the case of labor outsourcing and labor migration in tradeable goods markets with no barriers to trade.
A. In each country, labor outsourcing will result in the same wage changes as labor migration. B. In each country, labor outsourcing will result in the same employment level changes as labor migration. C. In each country, labor outsourcing will result in the same change in the demand for local public schools as labor migration. D. Both (a) and (b) E. Both (b) and (c) F. Both (a) and (c) G. All of the above. H. None of the above.
All of the following are ways for market participants to overcome adverse selection except for which one?
A) profit-sharing B) screening C) certification D) signaling
Inclusive property rights give an individual less options and lower incentives to avoid inefficient choices
Indicate whether the statement is true or false