QUESTION 1

1. When a regulator is captured by the industry it is regulating, the consumer is almost always worse off.

   True

   False

1 points

QUESTION 2

1. The U.S. Securities & Exchange Commission protects investors by requiring companies to make a profit before they can sell stock.

   True

   False

1 points

QUESTION 3

1. The Efficient Market Hypothesis states that asset prices already reflect all publicly available information.

   True

   False

1 points

QUESTION 4

1. The Electronic Data Gathering and Retrieval (EDGAR) system provides data on firms that do not sell stock.

   True

   False