Since the 1920's, the Ratio of Assets to Capital Has

question 99

Multiple Choice

Since the 1920's, the ratio of assets to capital has almost tripled for commercial banks. Many economists believe this is the direct result of:

• A) lower quality management in banks.
• B) the increase in branch banking.
• C) allowing banks to offer non-bank services.
• D) government provided deposit insurance.

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Definitions:

Health Savings Accounts (HSAs)

are tax-advantaged accounts that individuals can use to save and pay for qualified health expenses, often linked with high-deductible health plans.

Qualified Medical Expenses

Out-of-pocket costs for healthcare that are tax-deductible under certain conditions, including diagnoses, treatments, and preventative care.

Insurance Exchanges

Online marketplaces established to facilitate the purchase of health insurance in accordance with the Affordable Care Act.

Personal Mandate

The authority granted to an elected official by their constituents, often interpreted as a directive to follow through on specific policies or priority issues.