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Question
Comparing to commercial banks, the advantages of credit unions include:I. Credit unions are not taxed
II. Credit unions are better diversified than banks
III. Credit unions can collectively pool funds
IV. Due to regulations credit unions have better economies of scale and scope than banks
V. Because of their ties to employers credit unions have better personnel expertise than banks
a. I and III only
b. I and II only
c. III and IV only
d. III, IV and V only
e. I, III and V only
Answer
This answer is hidden. It contains 3 characters.
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