The Experience of Disintermediation in the Banking Industry Illustrates That

question 118

Multiple Choice

The experience of disintermediation in the banking industry illustrates that

• A)more regulation of financial markets may avoid such problems in the future.
• B)banks are unable to remain competitive with other financial intermediaries.
• C)consumers no longer desire the services that banks provide.
• D)markets invent alternatives to costly regulations.

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Definitions:

Intelligence Scores

Numerical assessments derived from standardized tests that attempt to measure an individual's cognitive abilities and potential.

Heredity

The transmission of traits or characteristics from parents to offspring through genes across generations.

Identical Twins

Twins that originate from the same fertilized egg, sharing 100% of their genetic material.

Fraternal Twins

Twins who are born at the same time but are not genetically identical; they developed from two different eggs fertilized by separate sperm cells.