Question: How is the shadow banking system the same as the traditional banking system? Multiple Choice The complete credit intermediation is performed by a single bank.

How is the shadow banking system the same as the traditional banking system?
Multiple Choice
The complete credit intermediation is performed by a single bank.
Both are free from regulations.
It intermediates the flow of funds between net savers and net borrowers.
The complete credit intermediation is performed through a series of steps involving many nonbank financial service firms.

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