Solved

One Key Reason for the Federal Government to Regulate Banks

Question 141

Multiple Choice

One key reason for the federal government to regulate banks is that


A) it will lose profit tax revenue if a bank fails.
B) taxpayers' money will be used to pay off losses in bank deposits if a bank fails.
C) it wants to ensure that people can borrow as much as they want.
D) it tries to protect domestic banks from foreign competition.
E) it tries to keep interest rates at low levels.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents