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In a market - oriented system, banks compete with securities markets as sources of funds for corporations. Therefore, a . the competition causes interest rates

In a market-oriented system, banks compete with securities markets as sources of funds for corporations. Therefore,
a. the competition causes interest rates to be lower.
b. corporations develop close relationships their banks.
c. banks have more power than in a bank-centered system.
d. banks have to make more loans in order to stay competitive.
e. banks have some degree of monopoly power.

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