Decades ago, many bank records were written by hand in ledgers. Were there significant economies of scale
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Decades ago, many bank records were written by hand in ledgers. Were there significant economies of scale in keeping bank records under that system? How has the shift to keeping all records on computers affected economies of scale in banking?
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Writing bank records in ledgers would not have had sig...View the full answer
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Related Book For 
Money, Banking, and the Financial System
ISBN: 978-0134524061
3rd edition
Authors: R. Glenn Hubbard, Anthony Patrick O'Brien
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