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Choose the correct answer: Regulatory taxes such as reserve requirements create an incentive for banks to remove loans from the balance sheet by selling them
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Regulatory taxes such as reserve requirements create an incentive for banks to remove loans from the balance sheet by selling them without recourse to outside parties. | ||
Regulatory taxes such as reserve requirements create an incentive for banks to offer low rate mortgages. | ||
Regulatory taxes such as reserve requirements create an incentive for banks to limit their lending to large corporates only. | ||
None of the listed options is correct. |
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