numberpart i discuss the following question in detail1how do we classify the depository intermediaries what are the bases for distinction between the various depository intermediaries explain the features of these intermediaries in terms of the bases for distinction42why and how are banks able to create money does the ability of banks to create money have important implications for public policy please explain33consider a bond that has a current price of 90 that is, if the par value of

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The dep ository intermedi aries can be classified into two t... View the full answer