The Dodd-Frank Does All of the Following Except

question 47

Multiple Choice

The Dodd-Frank does all of the following except:

• A) sets out new rules for financial institutions and markets.
• B) repeals the Glass-Steagall Act of 1933.
• C) requires closer government oversight over key establishments called systemically important financial institutions.
• D) sharply alters the authorities of the government agencies that govern the financial sector.

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Definitions:

Marginal Utility

The increase in satisfaction or advantage a buyer experiences from acquiring one more unit of a good or service.

Utility Maximization

A theory in economics asserting that individuals aim to achieve the highest level of satisfaction or utility through their choices, given their resources.

Limited Budget

A financial constraint that limits the amount of money available for spending or investing.

Marginal Utilities

refers to the additional satisfaction or utility gained by consuming one more unit of a good or service.