The shadow banking system refers to
1. Non-bank financial firms that provide legal advice on...
The shadow banking system refers to
1. Non-bank financial firms that provide legal advice on mergers.
2. Non-bank financial firms that acted as stock brokers by buying and selling stocks in an effort to make a profit.
3. Non-bank financial firms that purchased government bonds.
4. The unregulated non-bank financial firms engaged in borrowing from investors and lending to households and firms.
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