1) The legislation that overturned the prohibition on interstate banking is
A) the McFadden Act.
B) the Gramm Leach Bliley Act.
C) the Glass Steagall Act
D) the Riegle Neal Act
2) Although it has a population about half that of the United States, Japan has
A) many more banks.
B) about 25 percent of the number of banks.
C) more than 5000 commercial banks.
D) fewer than 100 commercial banks.
3) Experts predict that the future structure of the U.S. banking industry will have
A) an increased number of banks.
B) as few as ten banks.
C) several thousand banks.
D) a few hundred banks.
4) Bank consolidation will likely result in
A) less competition.
B) the elimination of community banks.
C) increased competition.
D) a shift in assets from larger banks to smaller banks.