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The study by Kroszner and Rajan led them to conclude that A) the Glass-Steagall act increased the efficient functioning of the financial system, B. the

The study by Kroszner and Rajan led them to conclude that

A) the Glass-Steagall act increased the efficient functioning of the financial system,

B.

the Glass-Steagall act was unnecessary and decreased the efficient functioning of the financial system,

C.

the Pecora Hearings were necessary,

D.

the banking system needs very tight regulations.

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