Model Validation Council.
What will be an ideal response?
This council was established by the Board of Governors in 2012 to provide expert and independent advice on its process to rigorously assess the models used in stress tests of banking institutions. Stress tests are required under the Dodd-Frank Wall Street Reform and Consumer Protection Act. The council is intended to improve the quality of stress tests and thereby strengthen confidence in the stress-testing program.
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Refer to Scenario 25-2. As a result of Kristy's deposit, Bank A's excess reserves increase by
A) $2,000. B) $8,000. C) $10,000. D) $50,000.
Which of the following is a disadvantage of using debit cards? a. Debit cards are unsafe for use
b. Debit cards do not provide a grace period between a purchase and required payment. c. Debit cards delay payments. d. Debit cards are not not easy to use. e. Debit cards make purchases more expensive than they actually are.
Almost nine-tenths of all spells of unemployment end when the unemployed person finds a job
a. True b. False Indicate whether the statement is true or false
At a price of $50 for a CD player, firms are willing to produce and sell 2200 CD players. At a price of $70 for a CD player, firms are willing to produce and sell 2600 CD players. What is the price elasticity of supply in this range? (Use arc elasticity.)
a. 2 b. .5 c. .05 d. 20 e. none of the above