The ___________________________ Proposed That There Should Be a Key Restriction

question 107

Short Answer

The ___________________________ proposed that there should be a key restriction in the legislation to limit the ability of banks to trade on their own accounts,termed proprietary trading.

---

Definitions:

Efficiency Loss

The loss of economic efficiency in a market, which can occur due to various reasons, such as taxes, subsidies, or monopolies.

Tax Revenue

The income collected by governments through taxation from individuals and businesses.

Public Goods

Goods that are non-excludable and non-rivalrous, meaning that no individual can be effectively excluded from their use, and one person's use does not reduce availability to others.

Regressive

A term often used to describe a tax system where the tax rate decreases as the taxable amount increases, leading to a higher burden on lower-income entities.