Author Question: Which of the following is true of unit banking? a. It is the dominant form of banking in the United ... (Read 47 times)

maegan_martin

  • Hero Member
  • *****
  • Posts: 532
Which of the following is true of unit banking?
 a. It is the dominant form of banking in the United Sates.
  b. It occurs when national banks open interstate branch offices.
  c. It implies that every financial institution should maintain its account with the Federal Reserve.
  d. It occurs when a bank is not allowed to operate in more than one location.
  e. It refers to the monopolization of the banking industry.

Question 2

A price ceiling set above the equilibrium price is not binding.
 a. True
  b. False
  Indicate whether the statement is true or false



janieazgirl

  • Sr. Member
  • ****
  • Posts: 300
Answer to Question 1

d

Answer to Question 2

True



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

For a complete list of videos, visit our video library