Which of the Following Statements Most Accurately Represents the History

question 266

Multiple Choice

Which of the following statements most accurately represents the history of U.S.banking?

• A)Although many technological changes have occurred,and banks have grown tremendously in size,the basic structure of banking in the United States has survived stability since the Revolutionary War.
• B)A major trend in U.S.banking was a move from federal control during the 1800s and early 1900s to a system now controlled by individual states.
• C)Although the early history of banking in the United States was very chaotic,the establishment of the Fed stabilized the banking system.
• D)The U.S.banking system has experienced a great deal of change and instability throughout its history.

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Definitions:

Forgetting Curve

A graphical representation of the decline of memory retention over time, illustrating how information is lost when there is no attempt to retain it.

Ebbinghaus

Refers to Hermann Ebbinghaus, a German psychologist famous for his research on memory and learning, particularly known for the forgetting curve and the spacing effect.

Memory Loss

A decrease in the ability to remember information, events, or how to perform tasks, which can be temporary or permanent.

Encoding Failure

The inability to create a memory link between sensed information and the ability to recall it later, leading to forgetting.