Which of the following is an example of a financial innovation introduced to avoid regulations?
A) securitization
B) junk bond
C) debit card
D) sweep account
Correct Answer:
Verified
Q22: The most significant change in the economic
Q23: Which of the following statements concerning bank
Q24: A firm issuing credit cards earns income
Q27: In the 1950s,the interest rate on three-month
Q28: Adjustable-rate mortgages
A) protect households against higher mortgage
Q31: Which regulatory body charters national banks?
A)the Federal
Q37: Examples of financial services that became practical
Q38: Rising interest-rate risk _ the _ financial
Q39: Credit cards date back to
A) prior to
Q53: New computer technology has
A)increased the cost of
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