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ValentinkaMS [17]
3 years ago
13

What is industrial banking?

Business
2 answers:
Alecsey [184]3 years ago
8 0

Answer:

An industrial bank is a state-chartered, financial institution, usually owned by a commercial firm, that is not regulated by a federal banking agency.

Explanation:

Zielflug [23.3K]3 years ago
5 0
An industrial bank is a state-chartered, financial institution, usually owned by a commercial firm, that is not regulated by a federal banking agency. Industrial banks accept customer deposits and provide loans for consumers and small businesses. Industrial banks are also known as industrial loan companies (ILCs).
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Answer:

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Explanation:

The computation of the GDP is shown below:

GDP = Consumption + Investment + Government purchase + Net exports

where,  

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