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