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A in germany universal banks do everything under one

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a. In Germany universal banks do everything under one roof, including direct investment in the shares of nonfinancial firms b. In Germany the provision of insurance, banking, and securities must be done by separate corporations c. As in Germany, universal banks in the United States do everything under one roof, including direct investment in the shares of nonfinancial firms d. Universal banks in the United States account for the largest share of financial intermediary assets 5. Which of the following is an example of the economies of scale argument for increased profits for large financial holding companies? a. Financial holding companies offer a wide array of services under one name b. Financial holding companies need only one CEO, one Board of Directors, and one accounting system regardless of size c. Financial holding companies are well diversified so risk is reduced d. The profitability of financial holding companies does not rely on one particular line of business 6. Bank failures tend to occur most often during periods of: a. Stock market run ups when, like many companies, banks tend to be overvalued b. High inflation when the fixed rate loans of many banks cause their real returns to decrease c. Recessions when many borrowers have a difficult time repaying loans and lending activity slows d. Wars and other civil unrest 7. The government's role of lender of last resort is directed to: a. Large manufacturing firms that employ thousands of people
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a In Germany universal banks do everything under one roof...

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