Question

How could many of the security frauds of the late 1990s and early 2000s have been prevented?

a. with a less litigious Securities and Exchange Commission

b. with a return to the gold standard

c. with fewer interventions by labor unions

d. with an emphasis on bonds rather than stock markets

e. with the extension of the Glass-Steagall Act

ANS: E TOP: Globalization and Its Discontents

DIF: Difficult REF: Full p. 1065 | Seagull p. 1085

MSC: Applying OBJ: 2. Explain the forces that drove the economic resurgence of the 1990s.

Answer

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