The Economics of Money, Banking, and Financial Markets 10th Edition by Frederic Mishkin

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Table 1 reports the balance sheet of all commercial banks based on aggregate data found in the Federal Reserve Bulletin. Compare this table to the most recent balance sheet reported by Bank of America. Go to http://www.bankofamerica.com/investor.index.cfm?section=700 and click on Annual Reports to view the balance sheet. Does Bank of America have more or less of its portfolio in loans than the average bank? Which type of loan is most common?