The Existence of Branch Banking in a Given State

question 78

Multiple Choice

The existence of branch banking in a given state:

• A)encourages new banks to be chartered.
• B)discourages new banks from being chartered.
• C)results in more bank failures than normal.
• D)results in lower operating cost per unit of service.
• E)None of the options are correct

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Definitions:

Pleasure Principle

A psychoanalytic concept where behavior is driven by the desire to seek pleasure and avoid pain, primarily associated with the id aspect of personality.

Repression

A defense mechanism where unwanted thoughts or desires are unconsciously pushed out of conscious awareness.

Defense Mechanism

A defense mechanism is a psychological strategy unconsciously used to protect oneself from anxiety arising from unacceptable thoughts or feelings.

Anxiety-Arousing Thoughts

Internal cognitions or thoughts that trigger or increase feelings of anxiety, fear, or unease.