The most important developments that reduced banks cost advantages include
A) the growth of the junk bond market.
B) the competition from money market mutual funds.
C) the growth of securitization.
D) the growth in the commercial paper market.
Correct Answer:
Verified
Q66: Since 1974,commercial banks importance as a source
Q67: According to Edward Kane,because the banking industry
Q68: Disintermediation resulted from
A)interest rate ceilings combined with
Q69: In order to compete with changing market
Q70: The experience of disintermediation in the banking
Q72: Money market mutual funds
A)function as interest-earning checking
Q73: Loophole mining refers to financial innovation designed
Q74: Financial innovation has caused
A)banks to suffer declines
Q75: Banks responded to disintermediation by
A)supporting the elimination
Q76: Sweep accounts
A)have made reserve requirements nonbinding for
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents