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Reading 24: Money, the Price Level, and Inflation - LOS c,

Q1. Which of the following is the most accurate with regard to the result of banking deregulation that occurred in the U.S. during the 1980s?

A)  The emergence of a great number of small and local banks increased the efficiency of bank operations.

B)  Different types of depository institutions are now more similar in the products and services that they provide.

C)  There is a clearer distinction between the functions of commercial banks on the one hand and thrift institutions on the other.

d

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d

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 a

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thanks

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1

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thx

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3

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b

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