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    Exam 11: Banking Industry: Structure and Competition
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    Prior to 2008,bank Managers Looked on Reserve Requirements
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Prior to 2008,bank Managers Looked on Reserve Requirements

Question 38

Question 38

Multiple Choice

Prior to 2008,bank managers looked on reserve requirements


A) as a tax on deposits.
B) as a subsidy on deposits.
C) as a subsidy on loans.
D) as a tax on loans.

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