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Question
A primary advantage for a depository institution of belonging to the Federal Reserve System is
A. direct access to correspondent banking services.
B. the lower deposit reserves required under the Federal Reserve System.
C. direct access to the discount window of the Fed.
D. commission less trading of U.S. government securities.
E. decreased costs of regulatory compliance.
Answer
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Related questions
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The McCarran-Ferguson Act of 1945
A. separated commercial banking from insurance activities.
B. mandated federal insurance company charters.
C. stipulated that insurance companies are to be regulated at the state level.
D. initiated a national insurance guaranty fund.
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A. Position trading.
B. Pure arbitrage.
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A. has publicly-traded common stock.
B. provides equity funds to companies that already have publicly traded common stock.
C. is a subsidiary of a nonfinancial corporation.
D. provides debt funding to only to established corporations.
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