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According to Chapter 14, the Federal Reserve Banking system consists of approximately 4,600 commercial banks and approximately 7,000 thrift institutions. (So far everything said up
According to Chapter 14, the Federal Reserve Banking system consists of approximately 4,600 commercial banks and approximately 7,000 thrift institutions. (So far everything said up to this point is true). But what kind of firms make up the 7,000 thrift institutions? Pawn shops. Credit unions Insurance companies Mutual fund firms
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