the economics of money, banking, and financial markets

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7. 
   

   Experts predict that the future structure of the banking industry will have ____.
   A) an increased number of banks
   B) as few as ten banks
   C) large, complex banking organizations
   D) many, small banking organizations
   Answer: C
   Diff: 1 Type: MC Page Ref: 256
   Skill: Recall
   Objective List: 11.5 Understanding the four pillar approach to Canadian banking

   
   


8. 
   

   Bank consolidation will likely result in ____.
   A) less competition
   B) the elimination of credit unions
   C) large, complex banking organizations
   D) a shift in assets from larger banks to smaller banks
   Answer: C
   Diff: 1 Type: MC Page Ref: 256
   Skill: Recall
   Objective List: 11.5 Understanding the four pillar approach to Canadian banking

   
   


9. 
   

   Banking consolidation in Canada will result in ____.
   A) an increased number of small banks
   B) an increase in bank size
   C) a reduction in bank size
   D) elimination of small banks
   Answer: B
   Diff: 1 Type: MC Page Ref: 256
   Skill: Recall
   Objective List: 11.5 Understanding the four pillar approach to Canadian banking

   
   


10. 
    

    As the banking system in Canada evolves, it is expected that ____.
    A) the number and importance of small banks will increase
    B) the number and importance of large banks will decrease
    C) small banks will grow at the expense of large banks
    D) the number and importance of large banks will increase
    Answer: D
    Diff: 1 Type: MC Page Ref: 256
    Skill: Recall
    Objective List: 11.5 Understanding the four pillar approach to Canadian banking