Disintermediation resulted from
A. interest rate ceilings combined with inflation-driven increases in interest rates.
B. elimination of Regulation Q (the regulation imposing interest rate ceilings on bank deposits).
C. increases in federal income taxes.
D. reserve requirements.
Answer:A
Disintermediation resulted from
A. interest rate ceilings combined with inflation-driven increases in interest rates. B. elimination of Regulation Q (the regulation imposing interest rate ceilings on bank deposits). C. increases in federal income taxes. D. reserve requirements.