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Author Question: The Gramm-Leach-Bliley Act (GLBA), passed by the U.S. Congress in the year 1999, allows commercial ... (Read 35 times)

captainjonesify

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  • Posts: 543
on: Jun 30, 2018
The Gramm-Leach-Bliley Act (GLBA), passed by the U.S. Congress in the year 1999, allows commercial banks to:
 a. operate in all foreign countries.
  b. open new branches in Cuba.
  c. expand their business into other areas of finance, including insurance and selling securities.
  d. raise reserve requirements for other financial institutions.
  e. eliminate unit banking.

Question 2

A price floor set above the equilibrium price is binding.
 a. True
  b. False
  Indicate whether the statement is true or false


bubulittle310@msn.cn

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Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

True


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