(Last Word) The Assistant U.S. Attorney General in charge of prosecuting financial crimes did which of the following in response to HSBC bank's years of money laundering and helping firms and individuals cheat on their taxes?
A. Imposed fines on HSBC and prosecuted key executives so as to diminish moral hazard in
the financial services industry.
B. Filed an antitrust lawsuit so as to break up HSBC without disrupting the financial system.
C. Imposed only modest fines on HSBC so as not to destabilize the bank and the financial
system.
D. Imposed sanctions based on the provisions of the 2010 Wall Street Reform and Consumer
Protection Act.
C. Imposed only modest fines on HSBC so as not to destabilize the bank and the financial
system.
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The natural rate hypothesis states that
A) it is natural for the unemployment rate to be less than the natural unemployment rate. B) changes in the inflation rate temporarily change the natural unemployment rate. C) it is natural for the unemployment rate to exceed the inflation rate. D) only natural economic policies can bring a permanent reduction in the unemployment rate. E) changes in the inflation rate temporarily change the unemployment rate.
Which of the following events would increase the supply of tomatoes?
a. The introduction of mechanized tomato pickers, which raises the cost of production. b. An increase in wages for the tomato pickers. c. A decrease in the cost of fertilizers for the tomato plants. d. Unseasonably hot, dry weather in the tomato-growing regions of the nation. e. A decrease in the price of pasta products.