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The bank-lending channel of monetary policy transmission mechanism is increasingly more important: A with an increase in the number of loan brokers and asset-backed securities.

The bank-lending channel of monetary policy transmission mechanism is increasingly more important:

A

with an increase in the number of loan brokers and asset-backed securities.

B

as improvements in technology solve the problem of adverse selection.

C

as improvements in technology solve the problem of moral hazard.

D

as banks become a significant source of funds for firms and individuals.

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