What Is the Primary Reason for the Differences Between the U.S

question 19

Multiple Choice

What is the primary reason for the differences between the U.S. banking system and those in other major industrial countries?

• A)Economies of scale are greater in banking in the United States than in banking in other countries.
• B)legislation that led to the development of state and national banks.
• C)the Federal Reserve System.
• D)the National Bank.

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Definitions:

Bullied

Being subjected to aggressive behavior or actions that involve a real or perceived power imbalance, resulting in harm, distress, or intimidation.

Preschool Years

The period in a child's life prior to attending kindergarten, roughly ages 3 to 5, focused on early development and learning.

Subjectivism

The fallacy of using the fact that one believes or wants a proposition to be true as evidence of its truth.

Fallacy

An argument in which the premises appear to support the conclusion, but actually provide little or no support.