All of the following are reasons that small businesses had difficulty receiving credit in the late 2000s EXCEPT
A) declining commercial real estate value resulted in a decline in he value of their collateral.
B) many banks feared adverse selection and moral hazard and thus tightened lending standards.
C) banks reduce business credit card limits.
D) banks tried to reduce their reserves making lending more difficult.
Correct Answer:
Verified
Q2: National banks are supervised by the
A)Office of
Q6: Congress introduced deposit insurance in response to
A)the
Q46: In the current U.S. economy, who plays
Q58: Where do the FDIC's funds come from?
A)Congress
Q65: States that restrict banks to having a
Q67: Geographic restrictions on banks
A)reduce their ability to
Q83: Standby letters of credit
A)are a form of
Q119: In 2010,the Treasury estimated that the bank
Q124: What are federally chartered banks called?
A) federal
Q129: During a banking panic,a lender of last
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents