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ECO 316 Version 1 Week 3 Chapter 14 The Banking Industry Quiz
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Chapter 14 The Banking Industry 15 correct answers14.1 Multiple Choice Questions1) Between 1995 and 2000A) the growth in size of foreign banks meant that the United States no longer had anybanks among the 30 largest in the world.B) mergers resulted in two U.S. banks becoming among the ten largest in the world.C) mergers resulted in the ten largest banks in the world all being U.S. banks.D) mergers resulted in the 30 largest banks in the world all being U.S. banks.2) Compared to the banking systems in other major industrial countries, the banking system inthe United States hasA) fewer banks and is more concentrated.B) more banks and is more concentrated.C) fewer banks and is less concentrated.D) more banks and is less concentrated.3) As of 2006, about how many banks were there in the United States?A) 57B) 2000C) 7500D) 14,0004) As of 2006, about what percentage of U.S. banks have less than $100 million in assets?A) 20%B) 46%C) 54%D) 98%5) Comparing the U.S. banking system to the systems in other major industrial countries,which of the following statements is true?A) The United States has more banks and more bank offices per capita.B) The United States has fewer banks and fewer bank offices per capita.C) The United States has more banks, but about the same number of bank offices percapita.D) The United States has about the same number of banks, but more bank offices percapita.
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