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Why financial institutions are highly regulated in all countries?

A) Financial institutions are the major collectors of the public's savings.

B) Financial institutions have the power to create money.

C) Financial institutions provide businesses and individuals with loans that support consumption and investment spending.

D) Financial institutions assist governments in conducting economic policy, collecting taxes and dispensing government payments.

E) All of the above.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91374359

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