The legislation that separated investment banking from commercial banking until its repeal in 1999 is known as the
A) National Bank Act of 1863.
B) Federal Reserve Act of 1913.
C) Glass-Steagall Act.
D) McFadden Act.
C
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If a firm is price differentiating, then it is
A) producing a homogeneous product. B) charging different prices to different consumers based on differences in marginal costs. C) charging different prices based on quality. D) charging different prices based on advertising costs.
An appreciation of Canadian currency means that
a. Canada's exports will become less expensive b. Canada's imports will become more expensive c. Canada's imports will become less expensive d. it now requires more Canadian currency (CDN $) to exchange for one unit of another currency e. it now requires less of other currencies to exchange for a unit of Canadian currency (CDN $)