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Question
In the early 1980s
A. banks increased their off-balance-sheet activities to avoid competition from nonbank banks.
B. banks decreased their off-balance-sheet activities to avoid regulatory taxes.
C. banks decreased their off-balance-sheet activities to avoid competition from nonbank banks.
D. banks increased their off-balance-sheet activities to avoid regulatory costs.
E. banks increased their off-balance-sheet activities to avoid interest rate risk exposure.
Answer
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