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(a) As a first-year student, you need to borrow 40,000 in order to finance your university education. You intend to repay this loan over time

(a) As a first-year student, you need to borrow 40,000 in order to finance your university education. You intend to repay this loan over time after you graduate. Explain why seeking out an individual saver to borrow money from could be problematic. Then identify which service a bank provides to the economy that eliminates this

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