In the late 1980s and the 1990s the number of banks declined as a result of failuresand mergers.TrueFalse

Mergers and Failures were the reasons for decline in the number of banks in late 1980s and 1990s.

Answered: In the late 1980s and the 1990s the…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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In the late 1980s and the 1990s the number of banks declined as a result of failures and mergers. True False