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What is the benefit of regulating new banks and bankers? Question 33Answer a. Reducing adverse selection by omitting shysters or inexperienced people b. Providing bribes

What is the benefit of regulating new banks and bankers? Question 33Answer a. Reducing adverse selection by omitting shysters or inexperienced people b. Providing bribes to regulators to line their pockets c. Encouraging bankers to engage in inappropriate activities d. Supporting existing banks by limiting new entrants and competition

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