Nationwide Banking Might Reduce Bank Failures Due to

question 10

Multiple Choice

Nationwide banking might reduce bank failures due to

• A)reduced competition.
• B)reduced lending to small businesses.
• C)diversification of loan portfolios across state lines.
• D)elimination of community banks.

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Definitions:

Trade Deficit

A situation where a country's imports of goods and services exceed its exports, leading to a negative balance of trade.

Infrastructure

Basic systems of communication, transportation, and energy facilities in a country.

Political Climate

The overall mood, attitudes, feelings, and conditions that currently exist within a political system or societal structure.

Communication

The act or process of using words, sounds, signs, or behaviors to express or exchange information or to express your ideas, thoughts, feelings, etc., to someone else.