In a perfectly competitive industry, the industry demand curve is ____, while in a monopolistic industry, the industry demand curve is:

Under a gold standard, countries control

A) its flexible exchange rate. B) monetary policy oriented toward domestic goals. C) international capital movements. D) foreign inflationary policies. E) and avoid risks in international trade.

What regulatory change did Congress approve in 2010 to reduce counterparty risk in the shadow banking system?

A) push more trading of derivatives onto exchanges B) required investment banks to follow the same rules on leverage as commercial banks C) require increased collateral for those trading derivatives D) banned trading of mortgage-backed securities