The Best Explanation for the Persistence of Geographic Restrictions on Banks

question 17

Multiple Choice

The best explanation for the persistence of geographic restrictions on banks is that

• A)these restrictions have promoted competition among banks.
• B)these restrictions have reduced the exposure of banks to credit risk.
• C)Americans have long distrusted large, big-city banks.
• D)these restrictions have reduced the costs of loans for most borrowers.

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Definitions:

Hearing Measurement

The assessment of an individual's ability to perceive sounds, typically evaluated using audiometric tests.

Turning Up Volume

The action of increasing the sound level of an audio device.

Audio Equipment

Devices used for the recording, amplification, mixing, and reproduction of sound.

Middle Ear Infections

Infections occurring in the air-filled space behind the eardrum that contain tiny vibrating bones, often resulting in pain, fever, and hearing difficulties.