The deregulation of the banking system has
A) increased the growth of money market mutual funds
B) resulted in lower interest rates
C) blurred distinctions among financial intermediaries
D) reduced the power of the SEC

Question

Quizplus · Accepted Answer

Deregulation eliminated certain restrictions on financial institutions, allowing them to engage in a broader range of activities. As a result, banks, thrifts, and credit unions now offer many of the same products and services. This has blurred the distinctions between these types of financial intermediaries.

The Deregulation of the Banking System Has