One Result of the Riegle-Neal Interstate Banking and Branching Efficiency

question 83

Multiple Choice

One result of the Riegle-Neal Interstate Banking and Branching Efficiency Act was that:

• A) banking system efficiency decreased.
• B) banks became less geographically diversified.
• C) banking system efficiency increased.
• D) banks became less geographically diversified and banking system efficiency decreased.

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Definitions:

Demonstrating

The act of showing or explaining how something works or proving something through evidence or argument.

Industry

The sector of an economy that is concerned with production of goods, extraction of minerals, or the provision of services.

Industrious

Characterized by hard work, diligence, and a strong dedication to achieving goals or completing tasks.

Inferior

Referring to something of lower quality or rank.