2.Economists believe that countries recently suffering hyperinflation have experienced

8. Newly-issued high-yield bonds rated below investment grade by the bond-rating agencies are frequently referred to as

7. Automated teller machines

6. An instrument developed to help investors and institutions hedge interest -rate risk is

5. Uncertainty about interest-rate movements and returns is called .

4. Financial innovations occur because of financial institutions search for .

3.The Federal Reserve Act required allbanks to become members of the Federal Reserve System, whilebanks could choose to become members of the system.

2.Currency circulated by banks that could be redeemed for gold was called .

1.A major controversy involving the banking industry in its early years was

A
bank failure is less likely to occur when

Competition between banks