Question

0.75 pts Question 1 The Dodd-Frank Wall Street Reform Bill: increased capital requirements of investment banks. O requires that financial derivatives be traded on regulated exchanges. )created the Bureau of Consumer Financial Protection within the Federal Reserve. All of the above None of the above. Question 2 0.75 pts Which financial reform legislation removed the Glass-Stegal provisions separating commercial from investment banking? Depository Institutions and Deregulation Monetary Control Act-198. O Garn-St. Germain Depository Institutions Act-1982 O Financial Services Moderization Act-1999. Community Reinvestment Act-1977. 0.75 pts Question 3 After reading the Economist editorial "Much ado about multipliers" one can safely conclude: that all economists agree that the fiscal multiplier in the U.S. equals 1.6. that all economists agree that the fiscal multiplier in the U.S. equals zero. that economists are in considerable disagreement over the size of the fiscal multiplier in the US that economists agree that the fiscal multiplier is largest when the economy is at capacity. 0.75 pts Question 4 medium of exchange, money facilitates exchange because: In serving as a O it brings wealthy people together to purchase goods and services. it eliminates the need for a double coincidence of wants. requires a double coincidence of wants it can be easily exchanged for gold.

Answer 1

Question 1:- Option:- 3:- Created the Bureau of Consumer Financial Protection within in the Federal Reserve. It prevented the consumer from holding mortage loan. It was one among the cause of financial crisis happened in 2008. Housing bubble and increase in paying interest for the housing loan was considered as the important factor which influenced the formation of Dodd-Frank Wall Street Reform Bill.

Question 2:- Option 3:- Financial Services Moderization Act 1999. Glass Stegal Act administered the rules by separating the commercial bank system with investment banking system. Example Citi Bank and Goldman Sachs has separate system of commercial and investment banking.

Question 3:- Option 4:- that economists agree that the fiscal multiplier is largest when the economy is at capacity. The Fiscal multipler will have beneficial effect when the federal government decreases the tax rate and spends on infrastructure for the public which in turn increases the savings and investment. Atlast GDP increases at the consideral level.

Question 4:- Option 2:- It eliminates the need for a double coincidence of wants. It is due to the improper balance of satisfying needs from both the ends. Both the parties need to fulfill the agreed things in exchanging of goods and services.