In Recent Years the U

question 61

Multiple Choice

In recent years the U.S.banking structure has changed in such a way that there are now:

• A)More banks
• B)Fewer branches
• C)Fewer banks but more banks with branches
• D)Fewer banks and fewer banks with branches

Recognize the characteristics and functions of different financial institutions and services.

Identify the characteristics of finance companies including their interest rates and requirements.

Understand the concept and tools of electronic funds transfer.

Recognize the concept of shadow banking and its differentiation from traditional banking.

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Definitions:

Orangutan

A large arboreal ape found in the rainforests of Borneo and Sumatra, known for its intelligence, long arms, and reddish-brown hair, and facing significant threats from habitat loss.

Restricted Diet

A diet limited in certain foods or nutrients, often for medical reasons or personal choice.

Brain Expansion

The growth or increase in size of the brain, which can refer to the evolutionary process where species, especially humans, have acquired larger brains.

Upright Walking

The ability to walk on two legs with the body in an upright position, characteristic of humans and a key feature distinguishing them from other primates.