Many states prohibited bank branching

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Reference no: EM13765680

Many states prohibited bank branching because of all of the following except:

Select one:

a. They generated significant revenue from issuing bank charters

b. They wanted to protect the profits of banks since they generated tax revenue from these profits

c. The McFadden Act of 1927

d. They feared the concentration and monopoly power of large banks.

Reference no: EM13765680

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