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    Financial Markets and Institutions Study Set 1
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    Exam 19: Banking Industry: Structure and Competition
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    Bank Managers Look on Reserve Requirements as a
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Bank Managers Look on Reserve Requirements as a

Question 120

Question 120

Multiple Choice

Bank managers look on reserve requirements as a


A) tax on deposits.
B) subsidy on deposits.
C) subsidy on loans.
D) tax on loans.

Correct Answer:

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