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    Money Banking and Financial Markets
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    Exam 11: Banking Industry: Structure and Competition
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    The Large Number of Banks in the United States Is
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The Large Number of Banks in the United States Is

Question 42

Question 42

Multiple Choice

The large number of banks in the United States is an indication of


A) vigorous competition within the banking industry.
B) lack of competition within the banking industry.
C) only efficient banks operating within the United States.
D) consumer preference for local banks.

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