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Banks,savings and Loan Associations,mutual Savings Banks,and Credit Unions

Question 35

Multiple Choice

Banks,savings and loan associations,mutual savings banks,and credit unions


A) are no longer important players in financial intermediation.
B) since deregulation now provide services only to small depositors.
C) have been adept at innovating in response to changes in the regulatory environment.
D) produce nothing of value and are therefore a drain on society's resources.

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