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Before the 1970s,bankers Were Happy with Interest-Rate Ceilings Because Those

Question 68

Multiple Choice

Before the 1970s,bankers were happy with interest-rate ceilings because those ceilings:


A) reduced interest-rate competition for deposits among banks.
B) guaranteed them high profits.
C) guaranteed them a minimum profit.
D) enabled them to expand into other lines of commerce.
E) allowed them to hold corporate stock.

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