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Q10. Which of these would be a false statement about the banking system? Banks lend to investors by borrowing funds from households. Commercial banks can
Q10. Which of these would be a false statement about the banking system?
- Banks lend to investors by borrowing funds from households.
- Commercial banks can make any investments with depositors' funds they deem profitable..
- When it comes to the flow of capital between households and investors, banks are the crucial link.
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The Great Convergence Information Technology And The New Globalization
Authors: Richard Baldwin
1st Edition
067466048X, 9780674660489
