Dodd-Frank addressed many of the issues that led to the financial crisis. Which of the following was NOT addressed by Dodd-Frank regulations?
A) stricter consumer protection laws
B) privately owned, government-sponsored enterprises (GSEs) such as Fannie mae and Freddie Mac
C) resolution authority over the large financial institutions
D) higher requirements on firms dealing in derivatives
B
You might also like to view...
Lottery winners who take the lump-sum payouts instead of payments spread out over many years:
A. believe the rate of return they could find in other financial assets is less than that implied in the extended payout. B. sacrifice free money and are making an economically irrational decision. C. prefer immediate to delayed returns. D. are only making a rational economic decision if there is rapid inflation.
Which of the following is not true of equilibrium price?
A. All consumers can buy all they demand. B. It is determined by the interaction of supply and demand. C. It is set by the government. D. It is also known as the market-clearing price.