A financial innovation that developed as a result of banks avoidance of bank branching restrictions was

A) money market mutual funds.
B) commercial paper.
C) junk bonds.
D) bank holding companies.


D

Economics

You might also like to view...

An increase in the unemployment rate may be represented as a movement from a point on the production possibilities frontier to a different point on the frontier

Indicate whether the statement is true or false

Economics

Use the above table. Assuming constant opportunity costs, the opportunity cost of producing a gallon of wine in France is

A) 0.33 pound of beef. B) 0.5 pound of beef. C) 2 pounds of beef. D) 3 pounds of beef.

Economics

Since 1983, the US has typically run a financial account surplus

a. True b. False

Economics

The external debt can place a continuing burden on the United States by reducing consumption in the United States

Indicate whether the statement is true or false

Economics