(See Solution) The commercial banking industry had become more competitive because of changes in regulation and technology. Locate the historical data for
Question: The commercial banking industry had become more competitive because of changes in regulation and technology. Locate the historical data for total assets and liabilities of commercial banks in the United States for the last 24 months from the Federal Reserve ( http://www.federalreserve.gov/releases ), and calculate and graph the ratio of total assets to liabilities (seasonally adjusted). How profitable has this industry been over this time period?
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