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    The Economics of Money Banking Study Set 4
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    Exam 12: Banking Industry: Structure and Competition
  5. Question
    Sweep Accounts
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Sweep Accounts

Question 20

Question 20

Multiple Choice

Sweep accounts


A) have made reserve requirements nonbonding for many banks.
B) sweep funds out of deposit accounts into long-term securities.
C) enable banks to avoid paying interest to corporate customers.
D) reduce banks' assets.

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