The usual response of the banking system to new government regulations is
A) evasion through whatever means are necessary.
B) strict compliance.
C) an attempt to circumvent the regulations through financial innovation.
D) bankruptcy.
C
Economics
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If the interest rate is 10 percent per year, and you have $100,000 now, which of the following is closest to what your $100,000 will be worth in four years?
A) $175,000 B) $125,000 C) $146,000 D) $190,000
Economics
The central role of ________ in a market economy is bringing together savers and borrowers
A) corporations B) sole proprietors C) financial intermediaries D) stock exchanges
Economics