In discussing financial changes that influenced the economic volatility of recent years,Adeel Qalbani describes how commercial banks are mostly ________,but investment banks are mostly ________.

Question

Quizplus · Accepted Answer

Commercial banks are heavily regulated by government agencies like the Federal Reserve and FDIC, while investment banks are less regulated and have more freedom to take on risk. This lack of regulation and excessive risk-taking led to the economic volatility in recent years.

In Discussing Financial Changes That Influenced the Economic Volatility of Recent