The difference between U.S. financial regulation between the 1930s-to-1980 period and the 1980-to-2010 period is:
a. The earlier period was characterized by relatively loose government regulations and the later one was characterized by stricter government regulations.
b.The earlier period was characterized by heavy use of the originate-to-distribute" strategy.
c. The earlier period was characterized by recurring, nation-wide speculative housing bubbles.
d. The later period was characterized by heavy use of securitization.
e. All of the above.
.D
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A movement along a demand curve may be caused by a change in
A) the non-price determinants of demand. B) the change in consumer expectations. C) the change in demand. D) the change in supply.
A measure of the responsiveness of the demand for one good to the percentage change in the price of another good is
A) price elasticity of demand. B) price elasticity of supply. C) cross price elasticity of demand. D) income elasticity.