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Author Question: Which of the following is true of unit banking? a. It is the dominant form of banking in the United ... (Read 56 times)

maegan_martin

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on: Jun 30, 2018
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

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

d

Answer to Question 2

True


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