The most important developments that have reduced banks' income advantages in the past thirty years include:
A) the increase in off-balance sheet activities.
B) the growth of securitization.
C) the elimination of Regulation Q ceilings.
D) the competition from money market mutual funds.

Question

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The Answer of The most important developments that have reduced banks' income advantages in the past thirty years include:
A) the increase in off-balance sheet activities.
B) the growth of securitization.
C) the elimination of Regulation Q ceilings.
D) the competition from money market mutual funds.

The Most Important Developments That Have Reduced Banks' Income Advantages