Regulations Restricting Branching Have Promoted the Development of What Two

question 94

Multiple Choice

Regulations restricting branching have promoted the development of what two financial innovations?

• A)bank consolidation and nationwide banking
• B)bank holding companies and automated teller machines
• C)money market mutual funds and sweep accounts
• D)reserve requirements and restrictions on interest paid on deposits

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Definitions:

Cyclobutene

A cyclic hydrocarbon molecule consisting of a ring of four carbon atoms connected by double and single bonds.

Cyclopentene

A cyclic alkene with a five-membered ring, characterized by the presence of a carbon-carbon double bond, making it reactive in chemical syntheses.

Hydrogenation

The chemical reaction where hydrogen is added to another compound, often used to convert unsaturated bonds to saturated ones in hydrocarbons.

Bredt's Rule

A principle stating that bridged bicyclic compounds cannot have a double bond at a bridgehead position unless one of the rings contains at least eight carbon atoms, due to stability issues.