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4) The invention of the computer is the major factor behind the decline of the banking industry. True/False/Uncertain? Explain 5) Explain the relationship between reserve
4) The invention of the computer is the major factor behind the decline of the banking industry. True/False/Uncertain? Explain
5) Explain the relationship between reserve requirements and the size of money market mutual funds.
6) Explain how could a mutual fund take advantage of the economic concept of economies of scale.
7) The free-rider problem never arises in the debt market. True/False/Uncertain? Explain.
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