True, false, and explain: The dominant view today among economists is that the banks caused the Depression.
Define the Public Interest and Interest Group theories of government.
Why would the regulatory environment faced by banks in the decades following the Depression result in consumer protection regulations?
Define: the Consumer Credit Protection Act of 1968. Did this law deal with the asymmetric information problem in banking faced by consumers or by bankers?
What is redlining? How did the Community Reinvestment Act of 1977 address this problem? Did it eliminate it?
What are central banks and where do they come from?
What are the macroeconomic goals of the U.S. Federal Reserve? Explain in detail the purpose of Humphrey-Hawkins.
Why is price stability considered such an important goal relative to others? How successful has the Fed been in pursuing this goal?
Define the Public Interest and Interest Group theories of government.
Why would the regulatory environment faced by banks in the decades following the Depression result in consumer protection regulations?
Define: the Consumer Credit Protection Act of 1968. Did this law deal with the asymmetric information problem in banking faced by consumers or by bankers?
What is redlining? How did the Community Reinvestment Act of 1977 address this problem? Did it eliminate it?
What are central banks and where do they come from?
What are the macroeconomic goals of the U.S. Federal Reserve? Explain in detail the purpose of Humphrey-Hawkins.
Why is price stability considered such an important goal relative to others? How successful has the Fed been in pursuing this goal?
posted by Chris at 4:32 PM
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