B)The total number of commercial banks has been dropping and the average size of a U.S.
bank has been decreasing.
C)The total number of commercial banks has been increasing and the average size of a U.S.
bank has been increasing.
D)The total number of commercial banks has been increasing and the average size of a U.S.
bank has been decreasing.
B)Unlike the United States, the new union currently has no common fiscal policy that can
redistribute income and productive resources out of economically robust areas toward
economically depressed areas.
C)facing default.
B)securitization
C)loan transfers
B)reduce risk
C)more failures.
D)Banks rarely issue standby credit letters because the default rate is so high
C)Networking arrangements
D)Account relocation
E)Financial counseling
C)Lease financing
B)less competition.
C)less regulation.
B)20
C)80
D)70
E)30
15INCORRECT A bank chartered by the federal government in the United States is known as
a:
A)universal bank
B)merchant bank
C)member bank
D)national bank
B)Maastricht Treaty
C)Treaty of Rome
E)EC Memorandum
18INCORRECT Consolidation in the banking industry:
A)will clearly lead to a small number of banks and monopoly.
C)correspondent bank
E)banking commission
20CORRECT Customers have not readily accepted POS terminals because:
A)of the loss of checking account float.