Which of the Following Is True About Financial Institutions in the United

question 29

Multiple Choice

Which of the following is true about financial institutions in the United States and those in other countries?

• A) U.S. financial institutions have been much more heavily regulated as compared to their foreign counterparts with regard to expansion (branching) and the services that could be offered.
• B) U.S. financial institutions have been much more leniently regulated as compared to their foreign counterparts with regard to expansion (branching) and the services that could be offered.
• C) U.S. financial institutions and their foreign counterparts have similar regulations with regard to expansion (branching) and the services that could be offered.
• D) Most U.S. intermediaries are allowed to engage in nonbanking (nonfinancial) business activities, whereas the nonbanking activities of foreign financial institutions have been severely restricted until recently.
• E) U.S. financial institutions and their foreign counterparts have similar regulations with regard to engaging in nonbanking activities.

---

Definitions:

Amplitude

The extent of a vibratory movement, measured from the position of equilibrium to the highest point of the wave, indicating the strength or intensity of a wave phenomenon.

Voluntary Muscle Activity

Muscle movements that are consciously controlled by the brain, typically involving the skeletal muscles.

NREM Sleep

Non-Rapid Eye Movement sleep, which is characterized by slower brain waves and is considered restorative sleep.

REM Sleep

REM sleep, or Rapid Eye Movement sleep, is a stage of sleep characterized by fast eye movements, vivid dreams, and increased brain activity.