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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Definitions:

Dissolved Minerals

Dissolved minerals are inorganic substances found in water that are dissolved from natural geological sources, and are essential for various biological and ecological processes.

Heartwood

The dense, inner part of a tree trunk, giving it rigidity and strength; darker and older than the surrounding sapwood.

Periderm

The outer protective layer in the stems and roots of woody plants.

Transpiration

The process by which water is absorbed by plant roots, moves through plants, and evaporates primarily from leaves, playing a key role in plant water regulation and nutrient uptake.