The Most Detrimental Effect of the 1999 Repeal of the Glass-Steagall

question 86

Multiple Choice

The most detrimental effect of the 1999 repeal of the Glass-Steagall Act was that it

• A)was a major contributor to the financial crisis of 2008.
• B)was a major detriment to mergers of financial institutions.
• C)American financial institutions were less able to compete with their European counterparts.
• D)increased the differentiation among banks,securities firms,and insurance companies.

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Definitions:

Body Temperature

The measure of the body's ability to generate and get rid of heat, reflecting the balance between heat production and heat loss.

Cocaine

A powerful stimulant drug derived from the leaves of the coca plant, often used recreationally for its euphoric effects.

Amphetamine Use

The consumption of stimulant drugs known to increase alertness, concentration, and often euphoria.

Perceptual Illusions

Misinterpretations or distortions of real external stimuli, demonstrating how the brain organizes and interprets sensory information.