What Is the Primary Reason for the Differences Between the U.S

question 19

Multiple Choice

What is the primary reason for the differences between the U.S. banking system and those in other major industrial countries?

• A)Economies of scale are greater in banking in the United States than in banking in other countries.
• B)legislation that led to the development of state and national banks.
• C)the Federal Reserve System.
• D)the National Bank.

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Definitions:

Effective Closing

This refers to the final part of a communication or presentation that is designed to reinforce the main message and motivate the audience to take a desired action.

Audience Interested

A group of individuals who show curiosity or engagement in a particular topic, event, or product.

Communication Skills

The ability to convey or exchange information effectively through various means, including verbal, non-verbal, written, and digital channels.

Formality

The level of adherence to established conventions or protocol, often varying based on context, such as in communication or events.