Which of the Following Statements Was NOT True of the Glass-Steagall

question 11

Multiple Choice

Which of the following statements was NOT true of the Glass-Steagall Act?

• A)It probably resulted in borrowers paying more to issue new securities.
• B)Its elimination may have exposed the FDIC to additional risk.
• C)The Supreme Court ruled that the act applied to the overseas activities of banks.
• D)In 1989 the Fed gave some commercial banks the limited power to underwrite corporate bonds.

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Definitions:

Intake Interview

An assessment technique that provides counselors with information about a client’s past functioning and how it relates to his or her current situation and the problems he or she is facing.

Effective

Producing a desired or intended result, often used to describe interventions, methods, or treatments.

Formative Evaluation

Real time assessments conducted during the counseling process to determine the efficacy of a given treatment or intervention as it is being implemented.

Summative Evaluation

An assessment conducted at the end of a project or a specific time period to determine its effectiveness or outcomes.