Examlex
Of the following fiscal programs,which has the smallest effect,per dollar,on aggregate demand?
1933 and 1934 Securities Acts
The 1933 Act regulates the initial sale of securities to the public (initial public offerings), whereas the 1934 Act governs the secondary trading of those securities in the marketplace.
Common Law
A legal system based on precedent and court decisions rather than written laws or statutes.
Liability
A legal obligation or responsibility for any debt or damages.
Securities Exchange Act of 1934
A U.S. federal law that regulates the trading of securities, such as stocks and bonds, after the initial sale.
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