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In class, we saw that commercial banks are particularly important intermediaries in the financial system. Provide some reasons for the importance of commercial banks. (12.5 points) ii) Provide arguments in favor and against central bank independence. If you had to vote in favor or against the independence of the Fed, what would you vote for and why? (12.5 points) Edit View Insert Format Tools Table 12ptParagraph BIU A Tev