All of the following were consequences of the deregulation of finance in the U.S. EXCEPT
A) the formation of the World Bank and International Monetary Fund.
B) it increased competition in the banking industry.
C) bank transferred their assets to more high-risk/high-return opportunities.
D) because Savings and Loan institutions could now invest in commercial real estate, construction in the sector soared.
E) other entities besides banks could issue their own credit cards for the first time.
A
You might also like to view...
This photograph shows light-colored granite and darker diorite (both igneous rocks). Which of the following statements is true?
A. The granite is younger because it crosscuts the diorite. B. The light-colored unit is younger because granite is more continental than diorite. C. The diorite is older because its weathered surfaces are darker. D. All of these.
Comets are thought to be composed of dust and tiny, icy particles encased in small, solidified, metallic fragments
Indicate whether the statement is true or false
Because of their specific effects exerted by mimicking hormone chemical structure and function, hazardous chemicals that are endocrine disruptors will cause abnormal events in
A) the musculoskeletal system. B) digestion and absorption of foods. C) growth, metabolism, and reproduction. D) vision, hearing, and taste.
Many countries have greatly reduced or eliminated landfills
A. because of environmental concerns. B. and rely on recycling and incineration to dispose of municipal solid waste. C. because they have little land available for landfills. D. All of these statements are correct.