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QUESTION 3 If the reserve ratio set by the regulators increases then banks will be able to lend out: O a. less O b. more

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QUESTION 3 If the reserve ratio set by the regulators increases then banks will be able to lend out: O a. less O b. more O c. depends on bank liquidity O d. a anda QUESTION 4 Universal banking refers to banks doing O a. Banks holding stakes in insurance companies O b. Domestic and international commercial banking O c Commercial banking and investment banking O d. A full range of financial services activity

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