Which Act Led to Interstate Banking in the United States

question 33

Multiple Choice

Which act led to interstate banking in the United States?

• A)Glass-Steagall Act
• B)DIDMCA
• C)McFadden Act
• D)Riegle-Neal Act
• E)Financial Services Modernization Act

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Definitions:

Information-processing Ability

The capacity of the brain to analyze, evaluate, and retain information, helping in decision-making and problem-solving.

Causality

The relationship between cause and effect, where one event (the cause) directly influences the outcome of another event (the effect).

Innate Learning

Refers to the natural capability to understand and process information from birth, suggesting some knowledge or skills are not acquired but inherent.

Information Processing

A cognitive approach that considers how individuals encode, store, and retrieve information almost like a computer processing data.