In the early 1980s
A) banks increased their off-balance-sheet activities to avoid competition from nonbank banks.
B) banks decreased their off-balance-sheet activities to avoid regulatory taxes.
C) banks decreased their off-balance-sheet activities to avoid competition from nonbank banks.
D) banks increased their off-balance-sheet activities to avoid regulatory costs.
E) banks increased their off-balance-sheet activities to avoid interest rate risk exposure.
Correct Answer:
Verified
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