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    Exam 3: Depository Institutions: Activities and Characteristics
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    Although S&Ls Had a Comparative Disadvantage in Originating Mortgage Loans
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Although S&Ls Had a Comparative Disadvantage in Originating Mortgage Loans

Question 36

Question 36

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Although S&Ls had a comparative disadvantage in originating mortgage loans, they lacked the expertise to make commercial and corporate loans.

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