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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

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?

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