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Consider a failing bank. Which is more costly to tax payers, the payoff method or the purchase-and-assumption method? The purchase-and-assumption method is more costly to
Consider a failing bank. Which is more costly to tax payers, the payoff method or the purchase-and-assumption method?
The purchase-and-assumption method is more costly to tax payers. | ||
The payoff method is more costly to tax payers. | ||
Neither method costs anything to tax payers. | ||
There is no consistent answer to this question. | ||
Both methods are equally costly to tax payers. |
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