The primary motive for financial innovation during the regulatory process is
A) profit.
B) adherence to the new regulations.
C) return to the way business was conducted prior to the new regulations.
D) increase coordination with other financial institutions.
A
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In August 2011, Standard & Poor's (S&P) changed its rating on U.S. Treasury bonds from "AAA" to "AA+" based on the state of the federal government's budget deficit
This was the ________ a rating agency had given Treasury bonds less than a rating of "AAA". A) first time ever B) second time since the year 2000 C) fifth time in history D) first time since the Great Depression
A change in relative factor prices will always result in
A) a change in the slope of the isoquants. B) a tangency between the new isocost line and a new isoquant. C) a rotation of the isocost lines. D) All of the above.