Multiple Choice
The most important developments that reduced banks cost advantages include
A) the growth of the junk bond market.
B) the competition from money market mutual funds.
C) the growth of securitization.
D) the growth in the commercial paper market.
Correct Answer:

Verified
Correct Answer:
Verified
Q36: The legislation overturning the Glass-Steagall Act is<br>A)the
Q37: With the creation of the Federal Deposit
Q38: Prior to 2008,bank managers looked on reserve
Q39: Bank consolidation will likely result in<br>A)less competition.<br>B)the
Q40: Adjustable rate mortgages<br>A)protect households against higher mortgage
Q42: The large number of banks in the
Q43: Prior to 1863,all commercial banks in the
Q44: Financial instruments whose payoffs are linked to
Q45: Deposits in European banks denominated in dollars
Q46: Banks responded to disintermediation by<br>A)supporting the elimination