Dodd-Frank Addressed Many of the Issues That Led to the Financial

question 16

Multiple Choice

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

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Definitions:

Habituation

A process by which an animal decreases or stops its response to a repetitive stimulus that does not bring any inherent reward or harm.

Empiricist

A person or theory that emphasizes the role of sensory experience in the formation of ideas, arguing that knowledge comes primarily from experience.

Rene Descartes

A 17th-century French philosopher, mathematician, and scientist who is considered one of the founders of modern philosophy.

George Berkeley

George Berkeley was an Irish philosopher who advanced the theory of immaterialism, arguing that material objects exist only in the mind and through perception.