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VIII Which of the following is NOT a reason financial regulation and supervision is difficult in real life? Financial institutions are not required to follow

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VIII Which of the following is NOT a reason financial regulation and supervision is difficult in real life? Financial institutions are not required to follow the rules. B Financial institutions have strong incentives to avoid existing regulations. Regulated firms lobby politicians to lean on regulators to ease the rules. Unintended consequences may happen if details in the regulations are not precise. 2.85 Points

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