The Competitive Equality Banking Act

question 63

Multiple Choice

The Competitive Equality Banking Act:

• A) includes a requirement that collecting banks give provisional credit to its subagents.
• B) allowed intermediary banks to become clearinghouses.
• C) has expedited the availability of funds.
• D) None of these.

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Definitions:

Life Expectancy

The average number of years a person is expected to live, based on statistical averages.

Crude Death Rate

A measure of the number of deaths in a given population, scaled to the size of that population per unit of time, typically expressed as deaths per 1,000 individuals per year.

Birth Control

Methods or devices used to prevent pregnancy or manage fertility.

Birth Rates

The statistical measure of the number of births per thousand individuals in a population per year.