Today's consumers have fewer options and less flexibility as a result of increased regulation of the banking industry.

Name: Today's consumers have fewer options and less flexibility as a result of increased regulation of the banking industry.
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Question

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As the entire discussion for this learning objective indicates, in recent years increased competition among financial institutions (including nonbanks) has given consumers more options and greater flexibility when making financial choices.

Today's Consumers Have Fewer Options and Less Flexibility as a Result