Previously, Entry and Branching Restrictions in the Banking Industry Have

question 22

Multiple Choice

Previously, entry and branching restrictions in the banking industry have

• A)increased competition.
• B)decreased competition, although the intent of the restrictions had been to increase competition.
• C)increased profits and promoted efficiency.
• D)Both a and c are correct.

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Definitions:

Classical Conditioning

The acquisition of knowledge through the connection between a stimulus found in one's surroundings and one that occurs innately.

Positive Reinforcement

The process of increasing the likelihood of a behavior by following it with a rewarding outcome.

Negative Reinforcement

A behavioral psychology principle where the removal of an unpleasant stimulus strengthens or increases the likelihood of a response.

Punishment Schedules

Predetermined plans of action applied to reduce or eliminate undesired behaviors by introducing negative consequences.