Why did state banks begin to offer demand deposits?
A) They were prohibited by federal banking law from offering time deposits.
B) They were prohibited by federal banking law from offering loans to small businesses.
C) They were prohibited by federal banking law from offering loans to households.
D) Federal banking law imposed a tax on state bank notes.
Correct Answer:
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Q7: Comparing the U.S. banking system to the
Q8: Who were the chief foes of the
Q9: As of 2006, about how many banks
Q10: A national bank is subject to examination
Q11: Compared to the banking systems in other
Q13: When did the charter of the Second
Q14: When was the Free Banking Period?
A)1791-1836
B)1836-1863
C)1863-1914
D)1914-1990
Q15: By 2006, what share of U.S. assets
Q16: Between 1995 and 2000
A)the growth in size
Q17: From 1863 to 1914, which banks issued
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