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What Is the Primary Reason for the Differences Between the U.S

Question 3

Multiple Choice

What is the primary reason for the differences between the U.S. banking system and those in other major industrial countries?


A) Economies of scale are greater in banking in the United States than in banking in other countries.
B) legislation that led to the development of state and national banks.
C) the Federal Reserve System.
D) the National Bank.

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