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Answer:
A. Financial innovation motivated banks and other financial institutions to bypass the intent of the Glass-Steagall Act.
B. The Act's restrictions put American banks at a competitive disadvantage relative to foreign banks.
D. The Fed allowed bank holding companies to enter the underwriting business.
References for Explanation:
A. Financial Crisis Inquiry Commission. (2011). <em>The financial crisis inquiry report: The final report of the National Commission on the causes of the financial and economic crisis in the United States including dissenting views</em>. Cosimo, Inc. p. 21
B. Financial Crisis Inquiry Commission. (2011). <em>The financial crisis inquiry report: The final report of the National Commission on the causes of the financial and economic crisis in the United States including dissenting views</em>. Cosimo, Inc. p. 205
D. Financial Crisis Inquiry Commission. (2011). <em>The financial crisis inquiry report: The final report of the National Commission on the causes of the financial and economic crisis in the United States including dissenting views</em>. Cosimo, Inc. p. 300
Answer:
C. LIFO liquidation
Explanation:
Benson Company uses the LIFO inventory costing method for both its tax reporting purposes and its financial reporting purposes. In its footnotes, Benson Company is required to report the amount at which inventories would have been reported under FIFO method.
The difference between these two numbers is commonly referred to as LIFO Reserve.
LIFO reserve represents the difference in ending inventory using LIFO and ending inventory if FIFO were employed instead.
Third option is the correct option.
LIFO reserve = FIFO inventory cost - LIFO inventory cost
FIFO inventory cost = LIFO inventory cost + LIFO reserve
The one possible reason why a government-controlled used car market may not provide an efficient outcome is that Government actors may have their own incentives that might not align with market efficiency.
What does government controlled mean?
Government Controls means economic and other sanctions instituted by any government agency such as those based on the U.S. Foreign Corrupt Practices Act, the U.S. Export Administration Act, the U.S. Arms Export Control Act, and other regulations or executive orders.
What is it called when the government is in control of everything?
Totalitarianism is a form of government and a political system that prohibits all opposition parties, outlaws individual and group opposition to the state and its claims, and exercises an extremely high if not complete degree of control and regulation over public and private life.
How do government control over the economy?
Governments influence the economy by changing the level and types of taxes, the extent and composition of spending, and the degree and form of borrowing. Governments directly and indirectly influence the way resources are used in the economy.
Learn more about government-controlled here :- brainly.com/question/848750
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Answer:
A real estate transaction would generate a high commission for an agent but would associate the agency with the destruction of a beloved local landmark.
Explanation:
there would be a conflict of interest between the organisation and the sales person when the interests of both parties do not align.
The goal of the sales person is to earn the highest possible commission. While, the goal of the firm would be to earn profit and a have a positive image.
If the agent makes the sale, he earns a high commission but this would cost the firm its positive image. thus, the interest of both parties are at odds. this would generate a conflict of interest
