Which of the Following Statements Best Completes the Following Statement

question 53

Multiple Choice

Which of the following statements best completes the following statement: "Over the past 40 years, the percentage(s) of assets for all financial intermediaries…"?

• A) controlled by banks has decreased as has the percentage for mutual funds while insurance companies have increased their percentage.
• B) controlled by insurance companies and mutual funds has decreased and the percentage controlled by banks has increased.
• C) controlled by banks and insurance companies has decreased while the percentage controlled by mutual funds and pensions has increased.
• D) controlled by banks, insurance companies, mutual funds and pensions have all increased.