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Which of the following statements is false concerning U . S . financial intermediaries? Question 3 6 Select one: a . Depository intermediaries can create
Which of the following statements is false concerning US financial intermediaries?
Question Select one:
a
Depository intermediaries can create credit when making loans to borrowers
b
Both depository and nondepository intermediaries can make loans to borrowers
c
Nondepository intermediaries can lend excess funds after meeting their own internal needs
d
All US financial intermediaries are considered to be fractional reserve institutions
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