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Money Center Banks Are Considered to Be Any Bank Which

Question 61

Multiple Choice

Money center banks are considered to be any bank which


A) has corporate headquarters in either New York City, Chicago, San Francisco, Atlanta, Dallas, or Charlotte.
B) is a net supplier of funds on the interbank market.
C) relies almost entirely on nondeposit and borrowed funds as sources of liabilities.
D) does not participate in foreign currency markets.
E) is not characterized by any of the above.

Correct Answer:

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