Which of the following statements is true?
A) Deregulation of the banking system in the 1980s brought greater competition from the banks.
B) Deregulation of the banking system in the 1980s resulted in loss of market share by non-bank depository institutions.
C) Deregulation of the banking system in the 1980s brought greater competition from the non-bank depository institutions.
D) Deregulation of the banking system in the 1980s brought greater competition from the banks and resulted in loss of market share by non-bank depository institutions.
Correct Answer:
Verified
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