Between the Early 1970s and the Mid-2000s, Banks' Share of the U.S.credit

question 26

Multiple Choice

Between the early 1970s and the mid-2000s, banks' share of the U.S.credit market financial assets

• A)has increased significantly as banks merged and consolidated their assets.
• B)has diminished significantly as nonbank financial intermediaries started to offer more and more services that were previously offered exclusively by banks.
• C)has increased steadily at the same rate as the growth in the economy's potential output.
• D)has decreased steadily as more and more large U.S.firms moved production abroad to low-wage countries.

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