A Financial Innovation That Developed as a Result of Banks

question 79

Multiple Choice

A financial innovation that developed as a result of banks avoidance of bank branching restrictions was

• A)money market mutual funds.
• B)commercial paper.
• C)junk bonds.
• D)bank holding companies.

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Definitions:

Adolescents

A phase of life between childhood and adulthood, often marked by rapid physical, emotional, and intellectual changes.

Intimate Groups

Small social groups characterized by close, personal, and enduring relationships.

Adolescent Mothers

Young females, typically in their teens, who are in the stage of having given birth and are navigating the responsibilities of motherhood.

Medical Complications

Unintended and problematic outcomes that arise during or as a result of medical treatment or a patient's underlying medical condition.