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) Name and discuss the major types of financial intermediaries in the U.S. and illustrate the differences in the way assets and liabilities are recorded

) Name and discuss the major types of financial intermediaries in the U.S. and illustrate the differences in the way assets and liabilities are recorded on their balance sheets. Describe the major differences between depository and nondepository intermediaries, which institutions have recently handled the majority of financial transactions and the major factors that have caused this shift over the past several decades.

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