Which of the following are characteristics of both, Ask an Expert

Economics

Which of the following are characteristics of both depository banks and shadow banks? Check all that apply.

-Perform Maturity transformation

-offer their customers a high rate of return on their funds

-protected from bank runs

-do not accept deposits

-vulnerable to bank runs

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M91235327

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