The Proponents of Repeal of the Glass-Steagall Act Argued That

question 57

Multiple Choice

The proponents of repeal of the Glass-Steagall Act argued that repeal will

• A)​lead to an increase in operational and information costs of banks.
• B)​increase externalities because of banking problems.
• C)​reduce the international competitiveness of the commercial banks.
• D)​lead to the generation of a higher capital level.

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