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    Financial System and the Economy Principles
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    Exam 9: Commercial Banking Structure, Regulation, and Performance
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    State Banks That Are Fed Members Can Operate
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State Banks That Are Fed Members Can Operate

Question 77

Question 77

Multiple Choice

State banks that are Fed members can operate


A) in any state where charters are available.
B) in any state that allows branching across state lines.
C) only in the state that grants them a charter.
D) only in the state where the president of the bank resides.

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