Which of the Following Changes Have Occurred in Banking Because

question 90

Multiple Choice

Which of the following changes have occurred in banking because of deregulation?

• A) Large business firms have increased their reliance on bank loans.
• B) Banks can now make whatever profits they can manage.
• C) Banks are providing a narrower and more highly focused array of financial products to their customers than they did before deregulation.
• D) Banks have increased the training given to employees.
• E) Bank profits are now being sent to foreign financial companies.

---

Definitions:

Capital Goods

Long-term assets that are used in the production of other goods and services, such as buildings, machinery, and equipment, which are not consumed in the production process.

Borrows

refers to the act of obtaining money, goods, or services in exchange for a promise of future repayment.

Financial System

A network of institutions, markets, instruments, and mechanisms that facilitate the exchange of funds and the allocation of resources in an economy.

Certificate Of Indebtedness

A government or corporate bond that acknowledges a debt and the obligation to repay it with interest by a specified date.