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QUESTION 14 Which of the following is a factor that affects the bid/ask spread? a. number of banks possessing the currency b. inventory costs c.

QUESTION 14

Which of the following is a factor that affects the bid/ask spread?

a. number of banks possessing the currency

b. inventory costs

c. perception of commercial banks on the supply/demand balance of the currency

d. The bid/ask spread may be affected by all of the above

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