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A portion of the commercial and industrial loan portfolio on the balance sheet of Dime Community Bancshares on December 31 st , 2020 were composed

  1. A portion of the commercial and industrial loan portfolio on the balance sheet of Dime Community Bancshares on December 31st, 2020 were composed of Paycheck Protection Loans.

    True

    False

A Decline in the monetary base leads to a decline in M1.

True

False

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