Historically, What Has Prevented Universal Banks from Operating in the United

question 11

Multiple Choice

Historically, what has prevented universal banks from operating in the United States?

• A)The Universal Bank Prohibition Act
• B)The Glass-Stegall Act
• C)U.S.banks have no desire to become universal banks.
• D)Universal banks have less risk diversification capabilities than traditional U.S.based banks.
• E)a.and c.only

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Definitions:

Conditioned Stimulus

A stimulus that, after association with an unconditioned stimulus, comes to trigger a conditioned response.

Unconditioned Stimulus

A stimulus that naturally triggers a response without the need for prior learning.

Counterconditioning

A therapeutic process aimed at reversing the negative effects of a conditioned response by introducing a new, positive stimulus.

Learned Response

A behavior or reaction acquired or modified by the association of a stimulus and a response.