Which of the Following Is Not a Reason Why the Interstate

question 29

Multiple Choice

Which of the following is not a reason why the Interstate Banking and Branching Efficiency (IBBEA) was enacted into law?

• A)Banking restrictions such as limiting the entrance of large banks into smaller local markets were actually limiting competition.
• B)More and more small banks were being bought out by aggressive corporate takeovers.
• C)Banks had found loopholes that allowed them to engage in interstate branching.
• D)Congress and the president were following the lead of the states; the states were forming regional banking pacts that allowed some interstate banking.

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Definitions:

Optic Nerve

A cranial nerve that transmits visual information from the retina to the brain, facilitating the sense of sight.

Blind Spot

The area in the visual field that lacks detection by the retina due to the absence of photoreceptor cells where the optic nerve exits the eye.

Retina

The thin inner surface of the back of the eyeball; this surface contains the sensory receptors.

Pupil

the black circular opening in the center of the iris of the eye, which regulates the amount of light that enters the eye.