The U.S. has many banks because:
A) small banks are more profitable than large banks.
B) many states outlawed bank branching.
C) the Great Depression caused the failure of the large banks, leaving many small banks.
D) the Glass-Steagall Act forced the splitting up of large banks.
Correct Answer:
Verified
Q12: A unit bank is a bank that:
A)
Q13: The bank failures that occurred during the
Q14: The number of banks in the U.S.
Q15: The Federal Deposit Insurance Corporation (FDIC) was
Q16: The actual results of the McFadden Act
Q18: The financial crisis in the United States
Q19: The Glass-Steagall Act of 1933:
A) required commercial
Q20: In the early years of the Great
Q21: The Bank Holding Company Act of 1956:
A)
Q22: One way that a bank could offer
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