One of the Results of the Limit on Bank Branching

question 96

Multiple Choice

One of the results of the limit on bank branching was:

• A) increased diversification in the loan portfolio of small banks.
• B) curtailment of credit availability for borrowers in small towns.
• C) lower profits for banks.
• D) increased efficiency in the operations of banks.

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Definitions:

Hyperinflation

A significantly rising inflation rate that accelerates quickly, leading to a swift decrease in the value of currency.

Variety

The range of different items, products, or choices available within a category or market.

Double Coincidence

A term from economics referring to the situation where two parties each hold an item the other wants, enabling an exchange without the need for money.

Goods And Services

Physical items that satisfy human wants (goods) and intangible benefits provided to consumers (services).