A Part of the Jumpstart Our Business Startups (JOBS)Act

question 65

Multiple Choice

A part of the Jumpstart Our Business Startups (JOBS) Act:

• A)banks were required to provide special financing for start ups
• B)differences between qualified and unaccredited investors were removed
• C)the SEC is no longer is allowed to regulate funding of business start ups
• D)Congress removed some of the restrictions on using crowd-funding to allow small investors to buy equity in start-ups

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Definitions:

Consumer Equilibrium

The point at which the amount of goods purchased by a consumer is equal to their preference at prevailing market prices, maximizing utility.

Utility

The satisfaction or benefit a consumer derives from consuming a good or service.

Income

Money that an individual or business receives, typically as payment for goods or services or through investments.

Consumer Equilibrium

Consumer Equilibrium is the state where a consumer has balanced their expenditures across different goods to maximize total utility given their budget constraint.