Multiple Choice
Which of the following statements is true of the Dodd-Frank Act?
A) It played a major role in the U.S. economy meltdown of the first decade of the 21st century.
B) It required large firms in the financial sector to hold more equity and less debt in their capital structures.
C) It weakened government oversight of financial markets.
D) It required large firms in the financial sector to increase their debt-to-equity ratio.
Correct Answer:
Verified
Correct Answer:
Verified
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