The Purpose of Deregulating Banks During the 1980s Was To

question 114

Multiple Choice

The purpose of deregulating banks during the 1980s was to:

• A)eliminate the risk that banks incurred.
• B)allow banks to compete with other financial institutions.
• C)allow U.S.banks to compete with foreign banks.
• D)help consumers earn more interest.
• E)decrease the cost of banking regulation.

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Definitions:

Actin Filaments

Protein fibers that play a critical role in cell movement and shape, and are a major component of the cell's cytoskeleton.

Muscle Cells

Specialized cells that make up muscle tissue and have the ability to contract, allowing for movement and force generation in the body.

Myosin

Myosin is a type of motor protein involved in muscle contraction and movement of various types of cells and organelles in the cytoplasm.

Cyanobacteria

Photosynthetic bacteria that produce oxygen and are found in aquatic and terrestrial environments.