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Opposition to the Repeal of the Glass-Steagall Act Centered on the Following

Question 98

Multiple Choice

Opposition to the repeal of the Glass-Steagall Act centered on the following:


A) Commercial banks' profit margins are already too high
B) Public interest groups' concern about the proposed repeal of consumer rights' legislation
C) Concern among bank regulators that banks' affiliation with nonbank industries would stretch the so-called "federal safety net"
D) All of the above
E) Choices B and C only

Correct Answer:

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