Multiple Choice
Regulations restricting branching have promoted the development of what two financial innovations?
A) Bank consolidation and nationwide banking
B) Bank holding companies and automated teller machines
C) Money market mutual funds and sweep accounts
D) Reserve requirements and restrictions on interest paid on deposits
Correct Answer:
Verified
Correct Answer:
Verified
Q26: The modern commercial banking system began in
Q27: Major differences between the United States and
Q28: One factor contributing to the decline in
Q29: Since the late 1970s,thrift institutions' importance as
Q30: Which of the following statements concerning bank
Q32: Thrift institutions' importance as a source of
Q33: An alternative corporate structure for U.S.banks that
Q34: What are the reasons for the decline
Q35: Discuss some of the major milestones in
Q36: Is the large number of banking firms