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How can economies of scale help explain the existence of financial intermediaries? What were the motivations for the original Glass-Steagall Act of 1933? The invention

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How can economies of scale help explain the existence of financial intermediaries? What were the motivations for the original Glass-Steagall Act of 1933? The invention of the computer is the major factor behind the decline of the banking industry." Is this statement true, false, or uncertain? This DB is worth 10 points

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