There may be too much financial development if it:
A) leads to the financial sector becoming politically powerful.
B) causes investment banks to become too big.
C) excessively diverts talent and resources away from other productive sectors.
D) none of the above
E) a and b
Correct Answer:
Verified
Q1: The benefits of relationship banking are:
A)intertemporal smoothing
Q2: Financial innovation is_.
Q3: The benefits of financial innovation are that...
Q4: Financial innovation is often intended to:
A)resolve agency
Q6: Regulatory arbitrage refers to _.
Q7: A more competitive banking environment:
A)Destroys relationship banking
B)Elevates
Q8: The dark sides of financial innovation are
Q9: CRA stands for:
A)Community Revival Agency
B)Cash Register Advances
C)Credit
Q10: The relationship between financial development and economic
Q11: Securitization...
A)connects banks and markets.
B)should be banned because
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