A financial innovation that developed as a result of banks avoidance of bank branching restrictions was

A) money market mutual funds.
B) commercial paper.
C) junk bonds.
D) bank holding companies.

D

Economics

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Standardized goods and services sold in the market are likely to have high switch-over costs

Indicate whether the statement is true or false

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A benefit of unions is that they

A) increase firm profits. B) increase the stability of the workforce. C) increase wage inequality. D) restrict the labor market.

Economics