A Financial Innovation That Developed as a Result of Banks

question 79

Multiple Choice

A financial innovation that developed as a result of banks avoidance of bank branching restrictions was

• A)money market mutual funds.
• B)commercial paper.
• C)junk bonds.
• D)bank holding companies.

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Definitions:

Logical Thought Processes

Systematic and rational ways of thinking that adhere to strict principles of validity and consistency, often used in problem-solving and decision-making.

Scaffolding

Process in which a more skilled learner gives help to a less skilled learner, reducing the amount of help as the less skilled learner becomes more capable.

Vygotsky's Concept

Refers to the theories of Russian psychologist Lev Vygotsky, emphasizing the importance of social interaction and culture in cognitive development.

Temperament

An individual's natural predisposition towards emotional reactivity and intensity of behavior.