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    Financial System and the Economy Principles
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    Exam 9: Commercial Banking Structure, Regulation, and Performance
  5. Question
    When a Bank Is Granted a Charter by the Federal
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When a Bank Is Granted a Charter by the Federal

Question 69

Question 69

Multiple Choice

When a bank is granted a charter by the federal government, the bank is called which of the following?


A) a state bank
B) a Federal Reserve bank
C) a national bank
D) a dually chartered financial institution

Correct Answer:

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