Business, 05.05.2020 09:07 mattmore0312

The shadow banking system refers to:.
A. Non-bank financial firms that provide profit advice to hedge fund managers.
B. Non-bank financial firms that acted as insurance agents by buying and selling insurance in an effort to make a profit.
C. Non-bank financial firms that purchased government bonds.
D. The unregulated non-bank financial firms engaged in borrowing from investors and lending to households and firms.

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The shadow banking system refers to:.
A. Non-bank financial firms that provide profit advice t...

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